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$PENGU Shorting Opportunity – Don't Miss This!
Entry 1: 0.00910 – 0.00930
Entry 2: 0.00980 – 0.01020
TP1: 0.00860
TP2: 0.00800
TP3: 0.00740
SL: 0.01080
$PENGU is screaming SELL! 📉 This isn't a bounce, it's a breakdown waiting to happen. Daily charts confirm a relentless downtrend – lower highs, lower lows, pure bearish structure. Don't get caught chasing pumps; sellers are firmly in control.
The 1H chart is crystal clear: price is slamming into descending resistance and failing spectacularly. Volume confirms the lack of buying power. Until
$PENGU decisively breaks above 0.0108, any long positions are incredibly risky.
Key levels to watch: resistance at 0.0098 – 0.0102 and the critical trend invalidation point at 0.0108. Support lies at 0.0086 – 0.0080, with an extended target at 0.0074.
This is a high-leverage (20-40x) scalping opportunity for futures traders. Spot traders, stay patient – accumulation zones are lower, near 0.0080 – 0.0070, after stabilization. Don't FOMO into this; trade the bounce and protect your capital. $ETH is watching, and so should you.
#PENGU #ShortTrade #CryptoTrading #Altcoins 🚀