$PENGU USDT BEARISH SETUP – STRONG REJECTION AFTER SPIKE SIGNALS SELL PRESSURE BUILDING

PENGU is currently trading at 0.015206, up 0.04%, after spiking to 0.015560 high but facing a quick rejection. Price is now trading below its 7 EMA (0.015315) and near the 25 EMA (0.015179), indicating bearish momentum building in the short term.

TRADE SETUP (SHORT):

Entry: 0.015200 – 0.015300

Targets (TP):

• TP1: 0.015000

• TP2: 0.014750

Stop Loss (SL): 0.015450

MARKET OUTLOOK:

PENGU shows a typical pump and fade pattern with sellers taking control after failing to sustain above highs. Unless price reclaims 0.015350, continuation towards 0.015000 – 0.014750 support zones is expected.

Risk Management:

Always trade with disciplined SL placement and adjust lot sizing according to your risk per trade strategy.

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