$PENGU /USDT – Downtrend Signal Active

Current Price: $0.031347

24h Change: +4.95%

Volume: 5.53 Billion PENGU

Category: NFT | Altcoin Festival

Market Overview:

PENGU is showing clear signs of a short-term downtrend. After reaching the $0.03234 high, the price has been falling with lower highs and consistent red candles on the 5-minute chart. Sellers are in control now.

Key Levels to Watch:

Resistance: $0.03180 and $0.03200

Support: $0.03100 and $0.03080

Trade Signal (Short Setup for Futures):

Sell Range: $0.03130 – $0.03150

Stop Loss: Above $0.03180

Target 1: $0.03100

Target 2: $0.03080

Target 3: $0.03050

Summary:

$PENGU is in a short-term downtrend. If the price stays below $0.03180, the decline may continue. Futures traders can consider short positions with proper stop loss to manage risk.