$PENGU is currently showing signs of weakness after multiple rejections from the key resistance zone around 0.0075. Price has formed several lower reactions from this level, indicating strong selling pressure and lack of bullish continuation.

The ascending trendline support is now being tested, and a breakdown from this structure could trigger a stronger bearish move as buyers lose control of the trend.

Sell Zone: 0.00715 – 0.00730

Stop Loss: 0.00760

Targets:

Target 1: 0.00685

Target 2: 0.00660

Target 3: 0.00645

A confirmed break below the trendline support may accelerate the downside momentum. Proper risk management and confirmation are recommended before entering the trade.

#KevinWarshNominationBullOrBear #MarketRebound #AltcoinSeasonTalkTwoYearLow

PENGU

0.007439

+5.07%