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ugans_technically_insights
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my view, $0.028500 is a solid suport at this moment. Once break.....it next will be a big slide
Danneskhöld Ragnar
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Bearish
I was right about $PENGU 🐧📉
A few days ago, when PENGU was at $0.038, I said it was a good moment to open a short.
Everyone laughed, saying how wrong I was…
Now PENGU is trading at $0.029.
👉 That’s a -23.7% drop.
I get the meme coin narrative: “10x bro, millionaire in no time.”
But reality is, even the strongest assets need corrections.
I still think $PENGU will rise again with the overall market trend,
but in the short term I expect further downside.
📊 What do you think?
🔹 Bounce
🔹 More downside
⚡ Quick Summary
Short call at $0.038 → $PENGU dropped -23.7%. Corrections are natural, short-term bearish, long-term potential intact.
#PENGU #Memecoins #MarketAnalysis #Bearish #MarketPullback
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