$PENGU

- Short-term setup with resistance holding below the main level

Strong selling process. A bearish retest forms.

The price of $PENGU has decreased from $0.03476 to $0.03117, showing strong bearish momentum. The current bounce to $0.03194 is weak and appears corrective, forming a potential bearish retest below the resistance range of $0.03250-$0.03300. Sellers are likely to return to continue trading.

Short-term entry: $0.03194

Targets: $0.03110 / $0.03020

Stop loss: $0.03260

The trend remains bearish unless bulls strongly reclaim the level of $0.03300.