$PENGU USDT SHORT TRADE SIGNAL 🔴 REJECTION FROM RESISTANCE ZONE SIGNALS SELL PRESSURE

After a parabolic rally, $PENGUUSDT just faced a strong rejection at the resistance zone near 0.0422, forming a sharp bearish engulfing candle on the 15-min chart. This signals potential exhaustion in the uptrend and a high-probability short opportunity before a deeper correction.

🔻 Trade Setup:

Entry Zone: 0.04080 – 0.04060

Take Profit 1: 0.03950

Take Profit 2: 0.03857

Stop Loss: 0.04220

Leverage: 10x

Risk Allocation: 2-3% of wallet

📉 Market Outlook:

Momentum is slowing, with price stalling at a historical supply zone. Volume divergence suggests bulls are weakening. If support at 0.03950 breaks, further downside may accelerate toward 0.037 levels.

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