$PENGU /USDT short trade signal 🛑 🚦

BEARISH MOVE AHEAD: WATCH OUT FOR A FRESH DROP!

$PENGU /USDT is currently facing heavy resistance near the 0.0135 - 0.0140 zone after a strong rally. Price action has broken down from local support and is now retesting the level, suggesting a potential continuation to the downside.

TRADE SETUP:

Short Entry: 0.01310 - 0.01340

Take Profit (TP): 0.01148

Stop Loss (SL): 0.01418

MARKET OUTLOOK:

With the loss of momentum near key resistance and failure to reclaim the broken support, PENGU/USDT may continue a corrective move. Risk management is crucial as volatility remains high.

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