$PENGU - Dead Cat Bounce Rejection! ☠️
PENGU dips -1.44% to $0.036904 with volume MA(5) > MA(10). Resistance at $0.037241 holds strong - breakdown to $0.034526 likely.
Trade Setup – SHORT
Entry Zone: $0.03680 - $0.03700
Stop Loss: Above $0.03750 (swing high)
TP1: $0.03550
TP2: $0.03480
TP3: $0.03400
Risk Note: NFT token - 0.5% max portfolio risk