$PENGU /USDT : The daily and 4h charts are firmly bearish, with price below key moving averages. However, the 1h chart shows a temporary bounce above its EMA50. This is a classic bearish retest. The trigger is a drop below the 1h EMA50 at ~0.009103, confirmed by the 15m RSI falling under 50. This signals the short-term momentum is failing, offering a high-probability entry to ride the dominant downtrend lower. The setup is now.

Actionable Setup Now (SHORT)

Entry: market at 0.00907 – 0.009136

TP1: 0.008905

TP2: 0.008839

TP3: 0.008707

SL: 0.009301