$PENGU ... Bearish Rejection Setup
#PENGU has rejected the $0.011163 resistance zone and is now trading below $0.009753. Price is showing weakness after a strong rally, with sellers stepping in at the key level.
A confirmed move below $0.008794 would open the door for further downside.
Entry: $0.009740–$0.009753
TP1: $0.009300
TP2: $0.009000
TP3: $0.008794
SL: $0.011163
Short and Trade
$MUBARAK
$TAKE
#PENGU has rejected the $0.011163 resistance zone and is now trading below $0.009753. Price is showing weakness after a strong rally, with sellers stepping in at the key level.
A confirmed move below $0.008794 would open the door for further downside.
Entry: $0.009740–$0.009753
TP1: $0.009300
TP2: $0.009000
TP3: $0.008794
SL: $0.011163
Short and Trade
$MUBARAK
$TAKE
