🛑 $PENGU / USDT – Short Opportunity Triggered!

📉 Rejection at Highs Signals Potential Pullback

$PENGU iked to a fresh 24H high of $0.03572, but faced immediate selling pressure, pulling back to $0.03498. This swift rejection near the resistance zone suggests fading bullish momentum and opens the door for a short-term correction.

With volume decreasing, bears may seize control for a move toward lower support levels.

🔍 Key Levels to Watch

Resistance Zone: $0.0352 – $0.0358

Immediate Support: $0.0340

Major Support: $0.0330 – $0.0328

24H Range: $0.0321 – $0.0357

🔧 Short Trade Setup

Entry Zone: $0.0349 – $0.0352

Stop Loss: $0.0359 (above resistance)

Take Profit Targets:

🎯 TP1: $0.0340

🎯 TP2: $0.0336

🎯 TP3: $0.0328

📊 Market Outlook

The rejection near the top of the range combined with weakening volume hints at a potential trend reversal or healthy correction. A confirmed breakdown below $0.0340 could trigger a sharper decline toward the $0.0328 region.

💡 Pro Tip: Watch price action at $0.0340 — a strong break below with volume could accelerate downside momentum.

#pengu #CryptoShort #BearishSetup

Trade Now Here $PENGU