PENGU/USDT Futures Analysis (Short Setup) – Downtrend Continuation
🎯 Short Trade Setup (Scalp)

Entry Zone: 0.01600–0.01610 USDT (test of minor support turned resistance).

Take Profit (TP): 0.01540 USDT (previous swing low).

Stop Loss (SL): 0.01635 USDT (above recent high wicks).

Risk-Reward Ratio: 1:2.5 (optimal for scalping).

🔍 Key Levels to Watch

Breakdown Confirmation: Close below 0.01580 USDT → accelerates drop to TP.

Invalidation: Break & hold above 0.01635 USDT (trend reversal signal).

⚠️ Risk Management Notes

Leverage: ≤5x (low liquidity + high volatility risk).

Avoid Off-Peak Hours: Thin order books may cause slippage.

Partial Profit Booking: Secure 50% at 0.01560 USDT, trail rest.

Update: Monitor Bitcoin’s movement—PENGU may correlate with broader market dips.

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