$PENGU USDT — Short Setup ⚠️
🔴 SHORT
Timeframe: 1H
Entry Zone:
$0.00960 – $0.00995 (short on clear rejection or failure to reclaim this band)
🎯 TP1: $0.00920
🎯 TP2: $0.00885
🎯 TP3: $0.00840
🛑 SL: $0.01050
Why this setup?
Price has rolled over after testing highs with a series of upper wicks and momentum cooling; moving averages are flattening to slightly bearish and recent volume on pushes higher is not convincing — signs buyers may be losing control. A rejection inside the $0.00960–$0.00995 zone increases odds of a corrective leg lower toward the targets.
Debate:
Will sellers force the decline, or will buyers defend and reclaim the short zone for a renewed push? 👀
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PENGUUSDT
Perp
0.010102
+4.53%
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