$PENGU USDT – BEARISH SIGNAL AS PRICE BREAKS LOWER

FRESH 4H DOWNTREND UNDERWAY

SUPPORT BREACHED WITH CONSISTENT RED CANDLES

$PENGU has broken down from its recent support, now trading near $0.01458 after rejecting from $0.01668. The 4H chart shows continuous lower highs and lower lows with decreasing volume, suggesting a fading bounce and renewed bearish pressure.

Trade Setup:

Short Entry: $0.01460 – $0.01470

Targets (TP): $0.01430 / $0.01400

Stop Loss (SL): $0.01500

Outlook:

Bearish momentum remains dominant as price struggles to hold above $0.01470. Further downside expected unless bulls step in aggressively.

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