$PENGU
USDT – DEAD CAT BOUNCE OR RECOVERY? WATCH THE REJECTION!
🔻 LOWER HIGH FORMED NEAR $0.01697
🔻 WEAK REBOUND FROM $0.01560 SUPPORT ZONE
After a sharp drop, PENGU attempted a recovery but failed to reclaim key resistance. The current price action is showing exhaustion with lower highs and tight consolidation under resistance.
Short Trade Setup
Entry: $0.01605
TP: $0.01560 / $0.01510
SL: $0.01645
Market Outlook:
Unless it breaks $0.01697 with strong volume, bears may stay in control.
#PENGUUSDT #NFPWatch #TrumpVsMusk #REX-OSPREYSolanaETF #OneBigBeautifulBill