$PENGU /USDT BEARISH SETUP

PENGU is under notable selling pressure, down -6.28% at $0.037041, trading below the MA(99) and failing to reclaim short-term resistance levels. The momentum suggests sellers remain in control.

šŸ”¹ Key Levels:

Resistance 1: $0.03754 (MA25)

Resistance 2: $0.03925 (MA99)

Support 1: $0.03665 (24h Low)

Support 2: $0.03580

Trade Setup (Short Entry):

Entry: $0.03710 ā€“ $0.03740

Targets (TP):

TP1: $0.03665

TP2: $0.03580

TP3: $0.03490

Stop Loss (SL): $0.03800

āš  Risk Management:

Keep risk per trade at 1ā€“2%, place SL strictly to avoid whipsaws, and avoid over-leveraging during high volatility.

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