$PENGU /USDT BEARISH SETUP – SLIPPERY ICE AHEAD!
Current Price: $0.014774 (-2.41%)
24h High: $0.015397 | 24h Low: $0.014520
Weak bounce attempts, volume spiking with no clear upside push – possible breakdown brewing.
KEY LEVELS TO WATCH:
Resistance Levels:
$0.01520 – Minor ceiling
$0.01560 – Strong resistance zone
Support Levels:
$0.01450 – Key local support
$0.01400 – Breakdown danger zone
TRADE SETUP (SHORT IDEA):
Entry Zone: $0.01475 – $0.01500
Targets (TP):
TP1: $0.01430
TP2: $0.01400
Stop Loss (SL): $0.01560
RISK MANAGEMENT:
Limit exposure to 1–2% of your capital. Don’t chase—wait for retests or confirmation candles. Keep SL tight and protect gains.
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