$PENGU climbing into resistance … the move higher is still holding, but upside momentum is beginning to slow as price pushes deeper into supply.

Trading Plan Short $PENGU

Entry: 0.00830 – 0.00872

SL: 0.00915

TP1: 0.00795

TP2: 0.00735

TP3: 0.00675

The recent rally has been strong, but the current structure is starting to look stretched near the highs. Price continues moving upward, although the follow-through is becoming less convincing while sellers gradually begin defending this area.

When a market starts slowing down after an extended push, it often signals that momentum is cooling rather than expanding. If resistance continues holding, rejection from this zone could trigger a broader rotation toward lower liquidity areas.

Trade $PENGU here 👇

PENGUUSDT

دائم

0.008688

-3.30%