After a strong vertical rally, $PENGU is showing early rejection signs near $0.0287 resistance, hinting at potential exhaustion. Sellers are stepping in with wicks on the upper side, indicating a likely pullback.
Trade Setup
Entry: $0.02855
Targets (TP): $0.02820 / $0.02780
Stop Loss (SL): $0.02890
Market Outlook:
Momentum is fading at resistance; if selling pressure continues, a retracement toward lower supports is expected.
