$PENGU SHORT SETUP WITH A CLEAN 1:2.5 R:R 🔻
Entry: 0.006072 🔥
Target: 0.005853 🚀
Stop Loss: 0.006199 ⚠️
This short targets a 3.6% decline with a stop loss just 2.1% above entry, giving a 1:2.5 risk-to-reward ratio. The tight stop indicates a rejection from a key supply zone, and any quick breakdown below entry would reinforce bearish momentum.
Volume has been declining on the lower timeframes—something to watch for conviction on the move. Are you shorting this level or waiting for a retest?
Not financial advice. Always manage your risk.
#PENGU #ShortSetup #Bearish #Crypto
🔻
Entry: 0.006072 🔥
Target: 0.005853 🚀
Stop Loss: 0.006199 ⚠️
This short targets a 3.6% decline with a stop loss just 2.1% above entry, giving a 1:2.5 risk-to-reward ratio. The tight stop indicates a rejection from a key supply zone, and any quick breakdown below entry would reinforce bearish momentum.
Volume has been declining on the lower timeframes—something to watch for conviction on the move. Are you shorting this level or waiting for a retest?
Not financial advice. Always manage your risk.
#PENGU #ShortSetup #Bearish #Crypto
🔻