🔻 SHORT $PENGU

💰 Entry: 0.006865
🛡 Stop-loss: 0.007133 (−3.9%)
🎯 Take-profit: 0.006543 → 0.006383

📈 A bearish engulfing candle just swallowed the prior green bar on PENGU with 4.7x volume — sellers seized control and a short-term high is locked.
• EMAs stacked bearish with a -6.7% spread — trend structure favors shorts
• Price bounced straight into EMA20 and got rejected, a textbook weak pullback
• Engulfing candle ranged 3.2x ATR on 4.7x volume — real distribution, not noise
• CVD falling in sync with price and taker flow -5% skew — sellers are the aggressor
• 4H, daily and Elliott wave all aligned bearish with favorable R:R

⭐ Score 72.4/100 ★★★★☆

Ride the breakdown while price stays below EMA20 — invalidation is a close back above it, keep the stop at the engulfing swing.

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👉 Follow for hourly setups.