$PENGU /USDT BEARISH REVERSAL ā SELLERS TAKING CONTROL AFTER SPIKE š
After a sharp rally toward $0.0334, PENGU/USDT has shown clear rejection and is now breaking down from its short-term peak. The strong red candles indicate selling pressure, with momentum shifting in favor of the bears. If support at $0.0325 fails, deeper correction could follow.
Trade Setup (SHORT):
Entry Zone: $0.0325 ā $0.0327
Take Profit 1: $0.0318
Take Profit 2: $0.0312
Take Profit 3: $0.0305
Stop Loss: $0.0335
Market Outlook:
Momentum has shifted to the downside in the short term. A sustained move below $0.0320 will confirm bearish continuation, while recovery above $0.0335 would invalidate this setup. Traders should remain cautious with volatility.
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