Bearish Setup on $PENGU /USDT – Short Trade Opportunity

PENGU/USDT has faced continuous selling pressure, with the chart showing a strong downward trend after repeated rejections near 0.0365. The price is now consolidating around 0.0340, with bearish momentum still dominant. If selling volume sustains, further downside continuation is likely.

Entry: 0.0340

Target 1: 0.0330

Target 2: 0.0322

Target 3: 0.0315

Stop-Loss: 0.0355

Risk Management: Allocate only 3–5% of your portfolio per trade. Once Target 1 is achieved, shift stop-loss to entry level to protect capital.

Pro Tip: Keep an eye on trading volume—if buyers fail to step in around 0.0330 support, momentum could accelerate toward lower targets.

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