People are calling PENGU a dead coin, but the charts suggest it might not be over yet.

$PENGU /USDT : ๐ŸŸข Risk 3/10 (SHORT)

๐Ÿ“‰ Trade Setup:

Entry: 0.010014 โ€“ 0.010124

Take Profit 1 (TP1): 0.009737

Take Profit 2 (TP2): 0.009627

Take Profit 3 (TP3): 0.009406

Stop Loss (SL): 0.010401

๐Ÿ”ฅ Rationale:

The daily trend is strongly bearish$SOL , but the 15-minute RSI (54.62) indicates a minor bounce is fading. This signals a classic "dead cat bounce," making $SOL it a potential short opportunity. On the 4-hour chart, the structure suggests a rejection near the entry zone, aiming for TP1 at 0.009737.

๐Ÿ‘‡ Discussion:

Is this the last brief pump before a bigger drop, or can bulls push for a reversal here?

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