⚡ PENGU/USDT Trade Signal ⚡
🔴 Position: Short (Higher Probability)
🔅 Entry Zone: $0.00820 - $0.00840
📊 Average Entry: $0.00830
❌ Stop Loss: $0.00865 (-4.22%) | 35% Probability
🎯 Target Levels:
1️⃣ $0.00800 (+3.61%) | 85% Probability
2️⃣ $0.00780 (+6.02%) | 80% Probability
3️⃣ $0.00750 (+9.64%) | 75% Probability
4️⃣ $0.00720 (+13.25%) | 70% Probability
5️⃣ $0.00690 (+16.86%) | 65% Probability
📌 Trade Setup & Analysis:
✔️ Price below EMA(7) and EMA(25), confirming strong bearish momentum
✔️ MACD negative, indicating continuous downward pressure
✔️ RSI at 35.1, reflecting weak buying strength
✔️ Stochastic RSI at 80.9, signaling a potential short-term bounce before more downside
✔️ Volume declining, indicating weak buying interest
📌 Key Risks & Considerations:
⚠️ If price breaks above $0.00865, bearish outlook weakens
⚠️ A Bitcoin rally could reverse the downtrend
⚠️ Support at $0.00800 may cause temporary bounces
⚠️ Oversold RSI levels could lead to short-term pullbacks before continuation
🔸 THIS IS A SUGGESTED ANALYSIS 🔸
📌 Please do your own research, and if it aligns with your strategy, then consider taking the trade.
⚠️ Disclaimer:
This setup is for informational purposes only and not financial advice. Cryptocurrency trading involves significant risk. Do your own research and consult a financial professional before making any investment decisions.
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