$PENGU USDT – SHORT TRADE SIGNAL🔴

CLEAR DOWNTREND BELOW ALL EMAS

LOWER HIGH REJECTION NEAR $0.01558

PENGU remains in a strong downtrend with price rejecting from both the 7 and 25 EMAs. After failing to hold the $0.01583 zone, the asset printed new lows at $0.01531 and is struggling to bounce, indicating potential for further downside.

Key Technicals:

• Resistance: $0.01558 – $0.01583

• Support: $0.01531 – $0.01520

• Breakdown Zone: Below $0.01531 confirms bearish extension

• Trend: Strong bearish momentum

Trade Setup:

• Entry Point: $0.01550 – $0.01558

• Stop Loss: $0.01586

• Take Profit: $0.01536 / $0.01520

• Margin: 2–3% of wallet

• Leverage: 10x

Market Outlook:

PENGU is respecting the downtrend and shows no signs of recovery above key EMAs. Expect continuation lower if support breaks.

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