đ» $PENGU /USDT Short Setup After Sharp Rally
$PENGU spiked to a local high of $0.01455 but is now fading, trading at $0.01308 with fresh red candles rolling in. This suggests a possible corrective move after the fast bullish surge, as buyers lose steam and bears step in.
đ Short Trade Setup (Futures)
âą Entry Zone: $0.01320 â $0.01350
âą TP1: $0.01240
âą TP2: $0.01160
âą Stop Loss: $0.01400
đ§ Market Insight: If $PENGU fails to reclaim $0.01350, expect further downside. Watch for lower timeframe rejection candles for clean confirmation before scaling in.