$PENGU – BOUNCE REJECTED, BEARS BACK IN CONTROL

$PENGU faced rejection at $0.04029 after a sharp rally and is now trending lower with lower highs and weak follow-through. Price is nearing key support at $0.03366 — a breakdown could trigger fresh lows.

Short Setup:

Entry: $0.03560 – $0.03630

Stop Loss: $0.03720

TP1: $0.03440

TP2: $0.03360

TP3: $0.03220

Bearish structure remains unless bulls reclaim $0.0375+ with strength.

#PENGUUSDT #NFTs #BearishSetup #CryptoTrading #BinanceFutures