$PENGU /USDT BEARISH PRESSURE EMERGING — SUPPORT RETEST AHEAD ⚠️📉
PENGU is facing resistance at $0.03537 and slipping lower, suggesting sellers are gaining momentum. Price is heading toward key support at $0.03480, which will be critical to watch for either a bounce or breakdown.
📊 Trade Setup
Entry Zone: $0.03515 – $0.03505
Take Profit 1: $0.03490
Take Profit 2: $0.03480
Stop Loss: $0.03537
📈 Market Outlook
Short-term trend leans bearish as price continues to reject near resistance. A decisive break below $0.03480 could trigger deeper pullback, while holding above might stabilize price for a bounce.