$PENGU

$PENGU /USDTShort Trade Setup 🔻

💰 Current Price: $0.006681

📊 24h Change: +9.61%

📌 Key Levels:

🔸 Resistance: $0.006815 (24h High) / $0.007000 (Psychological Level)

🔹 Support: $0.006500 / $0.006300

🚨 Market Insight:

PENGU has seen strong upward momentum but is approaching key resistance levels near $0.006815. A rejection from this area indicates a possible pullback, making it an ideal short setup.

🎯 Short Trade Setup:

✅ Entry: $0.006650 - $0.006800

✅ Target 1: $0.006500

✅ Target 2: $0.006300

✅ Target 3: $0.006150 (Extended target)

🛑 Stop Loss: $0.007000 (Above resistance)

🔥 Pro Tip:

📉 Watch for a rejection below $0.006800—if it fails to push higher, momentum may shift downward.

⚠️ Keep an eye on NFT-related tokens—if market sentiment remains bullish, short trades should be managed carefully.

🚀 Risk Management:

🔹 Secure profits at each target level.

🔹 Adjust stop-loss to break-even after Target 1 is hit.

💡 Will PENGU break resistance or is a correction coming? ⬇️