$PENGU /USDT SHORT TRADE SETUP
Price is rejecting from the resistance zone and struggling to hold above the grey supply area, signaling bearish continuation.
Trade Setup:
Entry: 0.03160 – 0.03162
Target 1: 0.03130
Target 2: 0.03110
Target 3: 0.03100
Stop Loss: 0.03185
Market Outlook:
Momentum remains weak as sellers control the move. A sustained rejection below 0.03180 strengthens the downside pressure, with immediate support levels likely to be tested soon.
