$PENGU USDT BEARISH PULLBACK: IS THE RALLY LOSING STEAM? 🔻

After a strong upward breakout touching 0.017200, PENGU is now showing consistent red candles with lower highs on the 15m chart, indicating a potential bearish pullback if buyers fail to hold above the key mid-support zone.

🔹 Trade Setup (SHORT):

Entry: 0.016400 – 0.016500

Take Profit Targets:

TP1: 0.015920

TP2: 0.015460

Stop Loss: 0.017250

🔹 Short Market Outlook:

Momentum has slowed down after an aggressive pump. If sellers maintain pressure below 0.016600, expect a deeper retracement towards previous consolidation levels.

💡 Risk Management:

Avoid oversized positions; volatility is high in meme/NFT tokens like PENGU. Always trade with strict SL to protect capital.

#PENGU #NFT #CryptoTrading #Binance #Scalping

buy and trade here on $PENGU