$PENGU – BEARISH BREAKDOWN IN MOTION! LOWER HIGHS CONFIRM WEAKNESS
REJECTION AT $0.03900. PRICE SLIPS BELOW SUPPORT WITH GROWING SELL VOLUME.
$PENGU /USDT printed a sharp rejection at $0.039004 and has since formed a clear series of lower highs and lower lows. The recent breakdown below $0.03650 with increased red volume signals strong bearish intent. If $0.03620 fails to hold, price may head toward the $0.03520–$0.03480 zone, where previous demand was seen.
SHORT ENTRY: $0.03620
TP1: $0.03550
TP2: $0.03480
SL: $0.03740
Market structure favors sellers as bulls lose momentum. Avoid long positions until confirmation of reversal.
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