$PENGU coin
SHORT
Price:
1) .015789
2).017308 ( limit order
(Enter on entry price)
Pengu is currently facing rejection from the trendline resistance. Based on the technical analysis, a potential decline of around 30.62% is expected before the price finds support and starts another upward move.
Bitcoin dominance just bounced off trend-line resistance, opening the door for a selective altcoin rotation. Pick your setups carefully and stick to solid risk management; this isn’t a casino.
The DXY is sliding within a descending channel. I expect a brief dip first, then a recovery. My view is therefore short-term bearish, but medium- to long-term bullish.
5x leverage isolated
Target:
1) .014820
2).013859
3).012446
4).011033
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