🚨 $PENGU /USDT SHORT TRADE ALERT! 🚨

Current Price: $0.008351 šŸ“‰ -13.81%

šŸ’” Market Insight:

$PENGU is in a strong bearish trend, breaking critical support zones with high selling volume. The price has been rejected from $0.0097, leading to a sharp decline, confirming downward momentum.

šŸ“‰ Key Levels to Watch:

Major Resistance: $0.00899 - $0.00920

Immediate Resistance: $0.00886 (Failed breakout point)

Immediate Support: $0.00830

Next Major Support: $0.00800 - $0.00780

šŸ”» Short Setup:

Entry Zone: $0.00860 - $0.00885 (On a minor pullback)

Stop Loss: $0.00899

šŸŽÆ Target Levels:

TP1: $0.00830

TP2: $0.00800

TP3: $0.00780

šŸ”„ Trade Strategy:

The chart shows a clear break of support with a strong bearish continuation. Any pullback toward $0.00860-$0.00885 can be an optimal short entry. A further break below $0.00830 will confirm additional downside potential.

āš ļø Risk Management:

Set a stop-loss above $0.00899 and follow proper risk-reward strategies to secure profits and minimize risk. šŸš€

$PENGU

PENGU
PENGUUSDT
0.006147
+0.34%

#MileiMemeCoinControversy #GeopoliticalImpactOnBTC #AIandStablecoins #CardanoETFTalk #BNBChainMeme