$PENGU USDT – SHORT TRADE SIGNAL🔴

🟥 REPEATED REJECTION BELOW 0.01620

📉 BEARISH STRUCTURE WITH LOWER HIGHS

PENGU failed to break above the resistance at 0.01620, forming consistent lower highs and signaling bearish pressure. Price is currently hovering near the minor su pport of 0.01590, with signs of breaking down toward demand.

🔻 Trade Setup

• Entry Point: 0.01590 – 0.01600

• Stop Loss: 0.01620

• Take Profit:

 • TP1: 0.01564

 • TP2: 0.01552

• Margin: 2–3% of wallet

• Leverage: 10x

🔍 Market Outlook:

As long as 0.01620 holds as resistance, bears are likely to push the price toward the lower demand zone near 0.01550. Breakdown confirmation may lead to further weakness.

PENGUUSDT

Perp

0.015906

-1.21%

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