$PENGU /USDT – Bearish Pressure Building
PENGU is struggling to hold above key levels after multiple rejections near $0.0303. Sellers are showing strength, pushing price lower toward the demand zone. If support at $0.0290 gives way, we could see further downside.
Short Trade Setup:
Entry: Below $0.0290
Stop Loss: Above $0.0306
Target 1: $0.0290 → $0.0285
Final Target: $0.0280
Momentum favors the bears as long as price stays under resistance — watch for breakdown confirmation.
