$PENGU is in an overextended rally, facing resistance near $0.0085. The recent sharp rejection signals a potential reversal, and profit-taking is expected. A breakdown below $0.0080 could trigger a strong correction.
💡 Pro Tip: Look for lower highs on smaller timeframes for confirmation. Volume decline on up moves hints at weakening buying pressure.
⚠️ Risk Warning: Crypto moves fast! Always use stop-loss and adjust position size accordingly.
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🚨 $PENGU /USDT Short Trade Alert🚨
🔻 Entry: $0.008146
📉 Key Levels:
Resistance: $0.008472 - $0.008604
Support: $0.007800 - $0.007500
🎯 Targets:
TP1: $0.007800
TP2: $0.007500
TP3: $0.007200
🛑 Stop Loss: $0.008650
📊 Market Insight:
$PENGU is in an overextended rally, facing resistance near $0.0085. The recent sharp rejection signals a potential reversal, and profit-taking is expected. A breakdown below $0.0080 could trigger a strong correction.
💡 Pro Tip:
Look for lower highs on smaller timeframes for confirmation.
Volume decline on up moves hints at weakening buying pressure.
⚠️ Risk Warning:
Crypto moves fast! Always use stop-loss and adjust position size accordingly.
📉 Short smart, secure profits! 🚀#Crypto Market Pullback #PI Price Trend Analysis #New Coins in Focus