$PENGU /USDT – Downtrend Signal Active

Current Price: $0.02906

24h High: $0.03080

24h Low: $0.02135

Market Insight:

PENGU showed a sharp rise but failed near $0.03100. Price is now falling with continuous red candles. If price breaks below $0.02850 support, a stronger downtrend can start.

Key Levels to Watch:

Immediate Support: $0.02850

Next Support: $0.02780 and $0.02700

Resistance: $0.02950

Trade Plan (Short Setup):

Sell Below: $0.02850

Stop Loss: Above $0.02950

Target 1: $0.02780

Target 2: $0.02700

Summary:

PENGU is losing strength. A break below $0.02850 confirms the downtrend. Futures traders can short below this level for lower targets.