$PENGU USDT – RELIEF RALLY REJECTED, BEARS IN CONTROL!

SUPPLY ZONE PUSHES PRICE LOWER

ANOTHER LOWER HIGH FORMED

$PENGUUSDT failed to sustain above the $0.01470 zone and printed another lower high. Strong rejection confirms bearish continuation as price heads for new local lows.

SHORT TRADE SIGNAL

Entry: $0.01448

Targets: $0.01400 / $0.01390

Stop Loss: $0.01470

As long as it trades below $0.01470, momentum favors sellers with further downside potential.

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