🚀 $PENGU Short Setup Alert, Bear Analysis
$PENGU /USDT shows a post-spike fade with lower highs and choppy consolidation near support. With price failing to reclaim the nearby resistance band, a move toward the lower demand zone looks probable.

📊 Market Snapshot
Timeframe Analyzed: 1h
Current Price: 0.011961
24h High: 0.012453
24h Low: 0.011519
Volume: 2.00B PENGU

📌 Key Levels to Watch
Support: 0.01190, 0.01172, 0.01152, 0.01130
Resistance: 0.01205, 0.01224, 0.01245

🎯 Trade Setup
Entry Zone: 0.01195 to 0.01208
TP1: 0.01172
TP2: 0.01152
TP3: 0.01130
SL: 0.01248

⚠️ Invalidation
Setup invalid if $PENGU reclaims and holds above 0.01245 (24h high) with strong follow-through.

✨ Summary
Bearish while below 0.01224–0.01245. As long as price stays below the stated resistance, the path toward 0.01152 remains in play. Watch for rejection on retest, a breakdown under 0.01190, or volume expansion on the push down.



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