$PENGU USDT – BEARISH EXHAUSTION VISIBLE AFTER SHORT-LIVED SPIKE! ⚠️
$PENGU attempted to push higher with a peak at $0.036236, but failed to sustain momentum. The price has since pulled back and is showing lower highs, suggesting weakening buyer strength. If support at $0.03490 breaks, a deeper correction could follow.
🔻Trade Setup: Short Position
Entry Zone: $0.03520 – $0.03560
Take Profit Targets:
‣ TP1: $0.03390
‣ TP2: $0.03260
Stop Loss: $0.03640
📉 Market Outlook:
Despite today’s 7.52% gain, volume is thinning and candles are turning indecisive. Unless bulls reclaim $0.03580 fast, sellers may take control for a short-term retracement. Caution is advised near current levels.
#PENGUUSDT #CryptoSignals #BearishSetup #AltcoinAnalysis
buy and trade here on $PENGU