$PENGU – RALLY STALLED! BEARS START TO TAKE CONTROL
REJECTION AT $0.03900
LOWER HIGHS FORMING WITH WEAK BOUNCE
After a strong spike to $0.039004, $PENGU failed to sustain momentum and is now printing consecutive red candles with clear lower highs. The current price at $0.037084 shows a weak bounce attempt, but the structure favors sellers. If $0.03668 breaks, a deeper retracement toward $0.03584 and $0.03500 becomes likely.
SHORT Entry: $0.03700
TP1: $0.03584
TP2: $0.03500
SL: $0.03840
Bearish momentum building — bulls need to defend key support zones quickly.
#PENGUUSDT #BearishSignal #CryptoTrading #BinanceFutures #AltcoinAlert