$PENGU /USDT – Bearish Retracement Signal

Entry Zone: $0.0350 - $0.0360

Targets: $0.0320 / $0.0300 / $0.0280

Stop Loss: Above $0.0395

Market Insights:

$PENGU has experienced a sharp retracement after reaching a high of $0.0395. The price action indicates a potential downside move as selling pressure increases, suggesting further corrections. Key support levels lie at $0.0320 and $0.0300.

Next Move:

Monitor for a breakdown below $0.0350 to confirm bearish continuation. Traders can consider partial short positions with tight stop losses above recent highs.

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