$PENG An opportunity for a short position has emerged in PENGUSDT Perp.📉
• Entry Zone: $61.70 - $61.75 (Current market price)
• Stop Loss: $66.50 (Above the recent high and resistance)
• Take Profit: $51.70, $46.00
Key Reasons (Technical Reasons):
• The price has currently reached very close to a resistance zone (Double Top/Resistance Area), a level from which a sharp decline was observed previously.
• Following the long green candle formed on the right side of the chart, rejection at the upper level is likely. A downside correction is expected from this point.
$SAND , $SPCX
• Entry Zone: $61.70 - $61.75 (Current market price)
• Stop Loss: $66.50 (Above the recent high and resistance)
• Take Profit: $51.70, $46.00
Key Reasons (Technical Reasons):
• The price has currently reached very close to a resistance zone (Double Top/Resistance Area), a level from which a sharp decline was observed previously.
• Following the long green candle formed on the right side of the chart, rejection at the upper level is likely. A downside correction is expected from this point.
$SAND , $SPCX
