$PENGU /USDT BEARISH REVERSAL IN PLAY AFTER STRONG UPTREND

$PENGU /USDT is showing signs of a potential short-term bearish reversal after a massive rally. Price failed to sustain above key resistance near 0.0375 and is forming lower highs with weakening volume. Indicators like MACD and RSI are signaling overbought conditions and bearish divergence on lower timeframes.

A breakdown below 0.0346 could trigger a deeper pullback toward previous support levels. The 15m and 1h charts confirm the likelihood of a corrective move.

Short Entry: 0.0355

Take Profit Targets:

• TP1: 0.0344

• TP2: 0.0336

• TP3: 0.0322

Stop Loss: 0.0365

Risk Management: Always risk only 1–2% of your capital. Use stop loss strictly and avoid overexposure due to recent high volatility.

#MarketRebound #ProjectCrypto #FedGovernorVacancy #EthereumTurns10 #Write2Earn! $PENGU