After an aggressive rally, $PENGUIN is now showing clear signs of exhaustion near a critical resistance zone. Momentum is starting to weaken as sellers step in, increasing the probability of a short-term correction toward lower support levels.
If rejection continues in the resistance area, bears could quickly take control and push price toward the next liquidity zones.
📊 Trade Setup – SHORT $PENGUIN
🔻 Entry Zone: 0.00850 – 0.00880
🛑 Stop-Loss: 0.00900
🎯 TP1: 0.00780
🎯 TP2: 0.00720
🎯 TP3: 0.00650
⚡ The current structure suggests profit-taking after the rally, which often leads to a healthy pullback before the next major move. A strong rejection from resistance could trigger accelerated downside momentum.
👀 Watch the resistance closely — the next move could be sharp.
👇 Trade $PENGUIN Now 👇
PENGUIN
Alpha
0.005942
-10.14%
#PENGUIN #CryptoTrading #Altcoins #ShortTrad #CryptoMarket 🐧📉🚀