$PENGU /USDT BEARISH BREAKDOWN IMMINENT – SHORT SETUP IN PLAY

Current Price: $0.03591

24h Change: -2.92%

Timeframe Observed: 1H & 4H

Key Technical Levels:

Resistance Zones:

$0.03650 – Strong overhead resistance $0.03742 – Recent 24h High & potential breakout rejection zone

Support Zones:

$0.03530 – Key minor support

$0.03445 – Critical support; a breakdown here may accelerate sell-off

Trade Setup – SHORT Entry:

Entry: $0.03590 (current price)

Targets (TP):

TP1: $0.03530

TP2: $0.03445

TP3: $0.03380 (extended target if momentum builds)

Stop Loss (SL): $0.03660 (above last resistance & wick traps)

Risk Management:

Risk only 1-2% of your capital per trade

Set alerts on key levels

Use trailing stop once TP1 is hit to secure profits

Momentum is fading as price gets rejected from $0.0365. Volume is declining, and sellers appear to be gaining control. A clean breakdown below $0.03530 may trigger a larger downside move. Trade wisely! #BinanceHODLerTOWNS #BTCReserveStrategy #FedGovernorVacancy #CPI&JoblessClaimsWatch #w $PENGU