$PENGU USDT – SHORT TRADE SIGNAL 🔴
REJECTION FROM $0.0402 HIGH 🚫
BEARISH CROSS BELOW EMA7 & EMA25 ⚠️
PENGU printed a sharp rally but failed to hold above the $0.0402 peak. Price is now trading below the 7 EMA ($0.0380) and testing the 25 EMA ($0.0365). This signals a potential short-term reversal if support fails at this level.
---
🔻 Trade Setup:
• Entry Point: $0.0375 – $0.0378
• Stop Loss: $0.0393
• Take Profit:
• TP1: $0.0360
• TP2: $0.0342
• Margin: 2–3% of wallet
• Leverage: 10x
---
Market Outlook:
After a vertical rally, PENGU is showing signs of exhaustion. Breakdown below $0.0365 support could lead to a deeper pullback into previous accumulation zones.
#PENGUUSDT #BinanceFutures #AltcoinDrop #ShortSetup #PriceReversal