🔹 PENGUUSDT – SHORT BIAS (Safer Setup) Current Price: ~0.00949
📊 Chart Analysis Overall trend is bearish Price is below EMA 7, EMA 21 & EMA 50 → strong resistance above EMA 21 & EMA 50 are acting as selling zones RSI ~ 42 → weak momentum, no bullish strength Recent bounce looks like a dead-cat bounce, not reversal
❌ LONG NOT RECOMMENDED No EMA breakout RSI below 50 Higher timeframe trend still down
✅ SHORT SETUP (Preferred) 🔻 Entry (Sell Zone) 0.00955 – 0.00975 🎯 Targets T1: 0.00920 T2: 0.00895 T3: 0.00860 (only if market turns weak) 🛑 Stop Loss 0.00995 (above EMA 50) ⚖️ Risk–Reward Approx 1 : 2 to 1 : 3 Suitable for 4H swing / intraday continuation
📊 Chart Observation Price Lower Band (0.0288) से strong bounce Bollinger MB (0.0297) के ऊपर sustain RSI 56 → bullish strength Higher low बन चुका है → reversal confirm