$PENGU USDT BEARISH MOVE ANTICIPATED – SHORT SETUP ACTIVE

$PENGU is currently facing significant selling pressure, trading at $0.01457, down nearly 9% in the last 24h. The price has broken below key support, indicating potential continuation to the downside.

Key Levels:

Resistance: $0.01520

Support: $0.01380 and $0.01290

Current Price: $0.01457

🔻 Trade Setup – Short Entry

Entry: $0.01460

Stop Loss: $0.01525

Take Profit 1: $0.01390

Take Profit 2: $0.01330

Take Profit 3: $0.01270

This setup offers a clean risk-to-reward ratio for short-sellers, especially if momentum continues below $0.01440. Break and close below support confirms weakness.

Risk Management: Use 1-2% of capital. Adjust size based on volatility. Lock-in profits at TP1, trail SL afterward for safety.

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