$PENGU USDT Short Setup
$PENGU has shown sharp moves, reaching 0.03320 before slipping back near 0.03240. The rejection at higher levels points to profit-taking, while high trading activity signals more volatility ahead. A break below 0.03210 may trigger further downside pressure.
Trade Plan:
Entry Zone: 0.03210 – 0.03250
Targets: 0.03140 / 0.03060 / 0.02950
Stop Loss: 0.03340
Key Zones:
Support: 0.03140 – 0.03060
Resistance: 0.03290 – 0.03320
Pivot: 0.03240
Note: PENGU remains highly retail-driven. Manage risk carefully, book profits early, and adjust stops once first target is achieved. A move above 0.03340 could shift sentiment back to bullish.
