$PENGU — Bearish Bias (Short Setup)

Bias: Short

$PENGU failed to hold above key levels after the recent bounce, and selling pressure is starting to step back in. Price rejection at higher levels suggests sellers remain in control, keeping downside continuation in focus.

Trade Levels:

• Entry Zone: 0.0150 – 0.0160

• Stop Loss: 0.0170

Targets:

• TP1: 0.0135

• TP2: 0.0120

If price continues to reject the entry zone, a move toward the lower support levels remains likely. This setup is invalidated if price breaks and holds above the stop level.

Beginner Reminders:

➡️ Only trade with capital you can afford to lose

➡️ Always use a stop loss

➡️ Avoid chasing moves — wait for confirmation

#pengu #crypto #BinanceSquareTalks #trading #GrayscaleBNBETFFiling

PENGU
PENGU
0.009028
-8.75%
MASK
MASK
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USUAL
USUAL
0.02185
-9.33%