⚠️ $PENGU /USDT – Momentum Crashing After the Spike! 🐧📉

$PENGU pumped hard to a high of $0.03512, but the rally is losing steam. The 30M chart is now flashing classic weakness — lower highs, rejection wicks, and fading volume all point toward a short opportunity.

🔻 Short Trade Setup:

• Entry Zone: $0.03330 – $0.03380

• 🎯 Target 1 (TP1): $0.03230

• 🎯 Target 2 (TP2): $0.03130

• ❌ Stop Loss: $0.03530

📉 Technical View:

Bearish market structure with rejection at resistance. Momentum indicators rolling over, suggesting downside continuation.

⚠️ Risk Note:

SL protects against unexpected spike continuation — always respect invalidation levels.

🧠 Strategy Breakdown:

Shorting into weakness after failed breakout. Bearish confirmation from structure and volume gives this setup solid downside potential.

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