$PENGU /USDT ā SHORT TRADE SIGNAL š“
WEAK RECOVERY AFTER SHARP DROP
MACD BELOW ZERO ā BEARISH MOMENTUM
FAILED TO RECLAIM RESISTANCE ZONE NEAR 0.0145
$PENGU showed a brief bounce but failed to reclaim its previous high of 0.014552. Price action remains under pressure with lower highs forming. MACD continues to print red bars below the zero line, signaling ongoing bearish momentum.
š“ Short Trade Setup
Entry Zone: 0.01375 ā 0.01390
Take Profit: 0.01320
Stop Loss: 0.01410
š Market Outlook:
Unless bulls break and close above 0.0141, this relief bounce may just be a dead cat before further downside unfolds.