📉 PENGUUSDT — SHORT UPDATE | CA-MOMENTUM
The 4H close was very positive for our SHORT thesis after the rejection from 0,01035.
The initial entry was aggressive, which is why we didn’t publish a signal at that moment. We are already in and managing the position.
⚠️ For those who want to join or rejoin the move, I wouldn’t chase the drop.
Now we want confirmation on smaller timeframes.
🔎 Main zone: 0,00920–0,00935
Ideal scenario:
1️⃣ 4H confirms a loss of the zone.
That strengthens the bearish structure.
2️⃣ 1H does the retest.
We’re looking for PENGU to move back to 0,00920–0,00935 and not be able to reclaim the zone with strength.
3️⃣ 15m gives the trigger.
Rejection with an upper wick, lower high, strong bearish candle, or a loss of the local minimum.
➡️ 4H confirms → 1H retests → 15m executes.
🎯 Zones to watch if it continues:
0,00860–0,00845
0,00830–0,00825
Extension: 0,00740
⚠️ A strong recovery of 0,00970–0,01000 reduces the quality of the SHORT.
Important structural invalidation: 0,01035–0,01050.
CA-MOMENTUM: the 4H close favors the scenario, but a good trade isn’t only about getting the direction right; it also matters where we enter.
Not financial advice.
$PENGU #FutureTarding #FutureTradingSignals #CAMomentum