$PENGU /USDT SHORT TRADE SIGNAL 🔴
$PENGU hit resistance at 0.046608 and is now showing signs of weakness with lower highs and increased selling pressure on the 15-minute chart. This signals a possible local top and a short-term bearish phase as bulls lose momentum.
Trade Setup:
Entry Point: 0.04450 – 0.04500
Stop Loss: 0.04680
Take Profit Targets:
• TP1: 0.04320
• TP2: 0.04180
• TP3: 0.03990
Risk Strategy:
Margin: 2-3% of wallet
Leverage: 10x
Market Outlook:
Despite a strong rally, PENGU is starting to retrace from its peak. If the price fails to reclaim above 0.0457 soon, a short-term correction is likely toward previous support zones. Volume divergence also supports a bearish reversal.
