๐จ$PENGU /USDT - BEARS EYEING A DROP! ๐จ
๐ Current Price: $0.025742
๐ก Key Levels to Watch:
Resistance: $0.02650 (Strong rejection zone)
Support: $0.02500 (Immediate support), $0.02450 (Critical support zone)
๐ฅ Trade Setup:
๐ด Short Entry: Enter between $0.02570โ$0.02600
Target 1: $0.02500
Target 2: $0.02450
Stop Loss: $0.02680
๐ต Long Entry (if reversal): Enter above $0.02660
Target 1: $0.02700
Target 2: $0.02750
Stop Loss: $0.02580
๐ Market Outlook: PENGU/USDT is showing bearish signs after failing to hold above $0.02600. A breakdown below $0.02550 could trigger a stronger sell-off towards the $0.02500 support zone. However, watch for a potential bounce near this level for any reversal opportunities.
โ ๏ธ Risk Management: Only risk 1-2% of your capital on each trade. Always use stop-loss orders to protect your funds.
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