$PENGU
/USDT Showing Signs of Topping Out? Short Setup Alert 🔻🚨
After a massive +30% surge today and a jaw-dropping +423% in just 90 days, $PENGU /USDT might be running out of steam. The price is hovering near $0.029, with the 15-minute chart revealing tight consolidation and waning momentum — a potential local top in sight.
🔻 Short Plan:
• Entry: $0.02835
• Stop Loss: $0.02920
• Targets:
– TP1: $0.02600
🧠 Trading Note:
Such vertical climbs often lead to profit-taking pullbacks. With 67% sell pressure visible in the order books, a short-term dip could be on the cards. Ideal spot for sharp downside scalps — stay sharp and protect your capital!