$PENGU is showing signs of rejection after the sharp rally, with sellers stepping in around the $0.0102–$0.0103 resistance zone. If this area continues to hold, another downside move could develop.
SHORT ENTRY: $0.01000 – $0.01025
TP1: $0.00970
TP2: $0.00935
TP3: $0.00900
SL: $0.01050
Watch the $0.0102 area closely. A rejection from here could strengthen the bearish setup.
Trade $PENGU
SHORT ENTRY: $0.01000 – $0.01025
TP1: $0.00970
TP2: $0.00935
TP3: $0.00900
SL: $0.01050
Watch the $0.0102 area closely. A rejection from here could strengthen the bearish setup.
Trade $PENGU