$PENGU 🚩🚩🚩🚩

Major rejection above, beware of what’s coming!

PENGU just printed a rejection candle after reaching resistance near 0.03124, now pulling back below the 0.03075 mark. Increased volume indicates profit-taking, and selling pressure is dominating (88.19%).

Key levels to watch

Resistance area: 0.03120 – 0.03200

Support area: 0.03030 – 0.02970

Trading setup

Bullish entry: Break above 0.03130 with volume

TP1: 0.03200

TP2: 0.03260

Bearish entry: Break below 0.03030

TP1: 0.02970

TP2: 0.02910

PENGU momentum cools off after a sharp pump.

If buyers do not step in around 0.03030, this may decline further. Wait for clear breakout confirmation before re-entering.

Stay alert

—It is very volatile.