🚨 The double top that terrifies the whales! 🐧💥
On the 4-hour frame, the PENGU/USDT currency clearly forms a double top at 0.038–0.039, with a critical break of the neckline at 0.0346 📉.
Now we are witnessing a retest of the 0.0348–0.0355 level… and it may be the last trap before a sharp drop towards:
🎯 0.0332 → 0.0318 → 0.0305
📊 The indicators support the drop:
⚡️ The EMA moving averages are in a negative arrangement 📉
⚡️ The Relative Strength Index (RSI) is around 36… weak momentum ⚡
⚠️ Below 0.0365 = Bear dominance 🐻
✅ Closing above 0.0365 = Invalidating the pattern and a potential breakout towards 0.0385–0.0415 🚀
💡 The market is now at a critical moment… Who will win? The bears or the bulls? 🐂🔥
#pengu #PENGUToken #PENGUOpening #PENGUUSDT #HotJulyPPI $PENGU