$PENGU UUSDC BEARISH BREAKDOWN FROM LOWER HIGH STRUCTURE
$PENGU GUUSDC has formed a clear lower high and has broken below key short-term support near 0.0333, signaling weakness in buyer momentum. The 4H timeframe reflects a descending triangle breakdown with increasing sell volume, pointing towards continued bearish pressure. Unless the price reclaims the 0.0347 zone, downside continuation is likely.
SHORT ENTRY: 0.0325 – 0.0332
TP1: 0.0312
TP2: 0.0298
TP3: 0.0284
SL: 0.0346
Risk Management: Risk only 2% of your capital per trade. Always use stop-loss and avoid overleveraging during volatile price action.
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