$PENGU U/USDT – SHORT TRADE SIGNAL 🔴
Price has rejected resistance near $0.038 and is showing bearish momentum on the 4H chart. Sellers are taking control, opening room for downside targets.
Trade Setup (Short):
Entry: 0.0355 – 0.0352
Target 1: 0.0317
Target 2: 0.0305
Target 3: 0.0300
Stop Loss: 0.0371
Key Levels:
Resistance: 0.0371 / 0.0380
Support: 0.0317 / 0.0300
Market Outlook:
Momentum is weakening after the recent rally, and a deeper pullback looks likely unless bulls reclaim $0.0371.