šØ $PENGU /USDT ā SHORT SIGNAL ACTIVATED! š»šØ
$PENGU showing classic exhaustion! Sharp rejection at $0.04020 with strong bearish candle - parabolic move cooling off fast.
š» SHORT TRADE SETUP: Entry Zone: $0.03840 - $0.03880 šÆ TARGETS: ⢠TP1: $0.03720 (-3.1%) ⢠TP2: $0.03590 (-6.5%) ⢠TP3: $0.03430 (-10.7%) š” Stop Loss: $0.04050
Bear Signals: ⢠Strong rejection candle at resistance ⢠Early red prints on 15M chart ⢠Parabolic exhaustion pattern.
š” Strategy: Wait for bearish confirmation near resistance before entry. These sharp moves often see quick reversals.
Risk Management: Tight stop above rejection high - respect the bounce potential.
Pattern: Parabolic ā Rejection ā Retracement
What goes up fast, often comes down faster! ā¬ļø
#BTCvsETH #ETHBreaks3700 #StablecoinLaw #NFTMarketWatch #Write2Earn $PENGU š Buy and trade now š°