📉 $PENGU /USDT – SHORT TRADE SIGNAL!

Market Overview:

$PENGU is currently trading at 0.03058, up +2.85% in the last 24H but showing weakness after failing to hold above the 0.03200 resistance. The chart indicates strong selling momentum as candles consistently push lower from the recent 0.03276 high, suggesting a possible deeper retracement.

Key Levels:

Resistance: 0.03200 – 0.03270

Support: 0.03000 – 0.02920

Trade Setup (Short):

Entry Zone: 0.03080 – 0.03120

🎯 TP1: 0.03000

🎯 TP2: 0.02960

🎯 TP3: 0.02920

🛑 Stop Loss: 0.03180

💡 Pro Tip: A clean breakdown below 0.03000 will strengthen bearish momentum. However, if price bounces back above 0.03200, this setup becomes invalid and could signal a bullish reversal.

Do you want me to also prepare a bullish reversal plan for $PENGU in case it holds the 0.03000 support?