$PENGU /USDT – Short Trade Opportunity 🚨
Current Price: 0.006358
Trend: Bearish momentum continues with lower highs and lower lows on the 30-min chart.
Key Levels:
Resistance: 0.006600
Support: 0.006200
Trade Setup:
Entry Zone: 0.006350 – 0.006400 (ideal shorting area)
Targets:
• TP1: 0.006250
• TP2: 0.006150
• TP3: 0.006020
Stop Loss: 0.006520
Market Insight:
Price is struggling to break above 0.006400 after a steep decline, suggesting bearish pressure is still strong. No strong bounce indicates weak buyer interest.
Pro Tip:
If price retests the 0.006400 zone and shows rejection with long upper wicks, that’s a high-probability short confirmation.
Final Call:
Ride the wave down! Watch closely and execute with risk management in place!
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