4h TF.

🔴SHORT PENGU/USDT from market 0.00869 or wait for retest 0.00998 Enter Point

🔴Stop Loss 0.01250

PENGU is in a classic downtrend after a hype and pump. The price has formed lower highs, repeatedly rejected from the upper red resistance zone of $0.012–$0.0135, and volumes on growth attempts are falling — sellers are in complete control of the situation.

The price has now broken through the green support zone of 0.009–0.010, which has now become resistance, and is forming an impulsive dump downwards.

The ENTER POINT of $0.00998 is an ideal retest of the former support for adding or a safer entry. You can enter the market aggressively right now, but waiting for a retest is smarter and less risky.

The lower green horizontal levels are liquidity and take-profit zones.

🟢Targets: 0.00900 0.00800 0.00750

Start trade here https://app.vooi.io/?r=YVAF8RQ

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