๐ STRUCTURAL REJECTION: $PENGU SHORT SETUP.
SUPPLY ZONE ACTIVE.
Price action on $PENGU is confirming a bearish rejection from the key supply zone ($0.010750 range).
Buyers failed to break above the resistance, leaving rejection wicks. We anticipate a rotation back to the lower range demand levels. The risk/reward ratio here is optimal.
We are initiating a Short position.
๐ EXECUTION PLAN:
๐ ENTRY: Market / Resistance Zone (Current: ~$0.01070)
๐ฏ TP1: $0.010608 (Intraday Support)
๐ TP2: $0.010530 (Mid-Range Target)
๐ณ๏ธ TP3: $0.010464 (Structural Low)
๐ SL: $0.01093
โก๏ธ STRATEGY:
PENGUUSDT
ุฏุงุฆู
0.007238
+2.66%
Play the range. Sell the resistance, buy the support.
Do not chase the pump; enter on the weakness.
Trade safe. Trade with precision.
๐ CLICK BELOW TO SHORT $P$PENGU W!