$PENGU USDT short trade signal 🛑

STRUGGLES AT RESISTANCE ZONE — SHORT TRADE SIGNAL ACTIVE 🔴

PENGU is facing heavy rejection near the $0.02341–$0.02401 resistance range after a strong bounce. Despite the recent recovery, price action shows exhaustion at key supply, forming a double-top like structure with long upper wicks. This suggests bulls are losing grip and sellers may soon take over, pushing the price back toward the demand zone below $0.022.

Trade Setup (Short):

📌 Entry: 0.02331

🛡️ Stop Loss: 0.02401

🎯 Targets:

• TP1: 0.02260

• TP2: 0.02210

• TP3: 0.02178

📉 Market Outlook:

Although PENGU has posted massive gains over the past 90 days, the current intraday structure hints at a short-term correction. Failure to break above resistance with volume confirms the bearish setup.

⚠️ Risk Management:

Risk 2–3% of wallet. Use 10x leverage cautiously. Stick to SL for safety against rapid reversals.

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