PENGU is crumbling under fresh bearish pressure, slicing through the 0.55 level. Volume spikes suggest sellers are in control.
🔴 $PENGU SHORT 📉 — Trade Plan
• Entry: $0.009346 – $0.009364
• Stop: $0.009636 (-3.0%)
• Target 1: $0.009215 (+1.5%)
• Target 2: $0.008887 (+5.0%)
• R/R 1:1.7 | Confidence 65%
The market structure broke lower on a clear CHoCH, while CVD turned negative confirming the down‑move. A fresh FVG aligns with an order block, creating a POI where the OB and FVG overlap, giving a tidy short entry.
A 3.0% stop is relatively tight on this swing, so a modest 2‑3x leverage keeps risk in check.
Take partial profit at the first target once price retraces to the nearest FVG edge.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$PENGU #PENGUUSDT #SMC #TradingSignals #Write2Earn
🔴 $PENGU SHORT 📉 — Trade Plan
• Entry: $0.009346 – $0.009364
• Stop: $0.009636 (-3.0%)
• Target 1: $0.009215 (+1.5%)
• Target 2: $0.008887 (+5.0%)
• R/R 1:1.7 | Confidence 65%
The market structure broke lower on a clear CHoCH, while CVD turned negative confirming the down‑move. A fresh FVG aligns with an order block, creating a POI where the OB and FVG overlap, giving a tidy short entry.
A 3.0% stop is relatively tight on this swing, so a modest 2‑3x leverage keeps risk in check.
Take partial profit at the first target once price retraces to the nearest FVG edge.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$PENGU #PENGUUSDT #SMC #TradingSignals #Write2Earn