$PENGU /USDT short trade signal 🛑 🚦
BEARISH PULLBACK IN PLAY – BREAKDOWN ZONE AT RISK!
The chart reveals a clear shift in momentum after a sharp vertical rise, as the price begins to roll over with lower highs forming consecutively. The bearish engulfing patterns and consistent rejection from the resistance at $0.0091 suggest that selling pressure is mounting. Price is now hovering near the neckline support, and any further weakness could trigger a deeper retracement.
Trade Setup:
Short Entry: $0.00862
Take Profit (TP): $0.00826 / $0.00772 / $0.00724
Stop Loss (SL): $0.00910
Market Outlook:
As bullish momentum fades, the likelihood of a downside continuation increases unless buyers reclaim the $0.0090 level. Caution is advised as the current structure favors bears in the short term.
Command: “Lock profits on breakdown – Ride the bear wave!”
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