$PENGU is sitting at the lower edge of its recent range after a steady sell-off, with price struggling to reclaim short-term levels and momentum still leaning bearish. The move down has been controlled rather than panic-driven, which often keeps pressure active as sellers continue to dominate small rebounds.

As long as $PENGU stays capped below the 0.0120–0.0123 resistance zone, any bounce into this area can be considered for short scalp setups. This zone marks the breakdown region where price lost structure and has since failed to recover. On the downside, the 0.0115–0.0112 area is the next liquidity zone where price may slow or attempt a brief reaction. A strong reclaim and hold above 0.0126 would invalidate this bearish bias.

$PENGU Scalp Trade Plan

🔹 Short Scalp

Entry Zone: 0.0120 – 0.0123

TP1: 0.0115

TP2: 0.0112

Stop Loss: 0.0126

Leverage: 20x – 50x

Margin: 2% – 5%

Risk Management: Book partial at TP1 and move stop to entry

Short #PENGU Here 👇👇👇

PENGU
PENGUUSDT
0.006612
-1.03%