⚠️ $PENGU Sliding Toward Key Support 📉
$PENGU has slipped to $0.034875 down -11.71% in the last 24 hours, as sellers tighten their grip after rejection at the $0.0395 resistance. Price action on the daily chart shows a clear break from recent consolidation, with the order book tilted in favor of sellers (55.43% ask vs 44.57% bid).
📊 Trade Setup
• Sell Zone: $0.03470 – $0.03495
• Stop Loss: Above $0.03600
• Target 1: $0.03400
• Target 2: $0.03280
📉 Technical View:
Losing the $0.0345 support could accelerate the drop, putting the $0.0300 area in focus for the next bearish leg.