Short Trade Signal: Precision in Action for $PENGU USDT🔥💯
Setup: Short opportunity targeting downside continuation.
Entry Point: 0.038200
Take Profit 1: 0.037600
Take Profit 2: 0.037200
Stop Loss: 0.038800
Rationale:
• Breakdown from intraday high signals strong bearish momentum.
• Candle rejection near 0.042000 confirms resistance.
• Current price near 0.038200 presents an ideal risk-reward entry.
Risk Management: Maintain strict stop-loss at 0.038800 to cap losses.
Recommendation: Close 50% at TP1 to secure gains, adjust SL to breakeven, and ride further momentum to TP2.
Stay vigilant for any momentum reversals near these levels. Trade wisely!