$PENGU Rejection Incoming Watch This Level Closely

$PENGU /USDT just tapped into a clear supply zone (~0.0376) and is already showing signs of a potential reversal. With lower highs forming and a rejection wick near resistance, bears might soon take control.

Bearish Setup:

• Entry: 0.03684

• Stop Loss: 0.03762

• TP1: 0.03600

• TP2: 0.03462

Why It Matters:

Supply zone respected perfectly

Clean structure for a drop

Risk is tight, reward is wide

This could be the beginning of a clean breakdown if price confirms — be ready.

#PENGU #CryptoSetup #RejectionZone #TechnicalAnalysis #SmartMoney