$PENGU /USDT: Bearish Pressure Continues! ⚠️🔻
$PENGU /USDT has dropped -21.11%, now trading at $0.017781. The price is facing significant selling pressure, and it appears to be in a corrective phase after recent highs.
Trade Setup:
Entry Price: $0.01778 🔴
Target 1: $0.01690 🛑
Target 2: $0.01550 💔
Stop Loss: $0.01950 ⚠️
Market Outlook: PENGU is currently experiencing a sharp downtrend, with significant resistance around the $0.01950 level. A continued break below the $0.01685 support may push prices further toward $0.01550, potentially entering a deeper bearish trend.
Personal Opinion: Caution is advised. PENGU seems to be in a strong corrective phase. Keep an eye on the support levels to avoid getting caught in further declines. 📉
#PENGU #DeepSeekImpact #MicroStrategyAcquiresBTC #JUPBuybacks #USTaxExemptionPlan
