🔥 Potential Short Trade Opportunity: $PENGU /USDT 🔥!

Analysis 🔍

Price is currently testing a crucial support zone between $0.03620 and $0.03650. ⚠️ Repeated tests of this level indicate a possible breakdown. 📉

Entry Point 🎯

Short below $0.03600 to confirm the breakdown.

Take-Profit (TP) 💰

* TP1: $0.03550

* TP2: $0.03500

Stop-Loss (SL) ⛔️

Set your SL at $0.03680 for effective risk management.

Risk-Reward Ratio ⚖️

Aim for at least a 1:2 risk-to-reward ratio.

Strategic Note 💡

Monitor volume closely! 📊 A high-volume breakout below $0.03600 strengthens the bearish signal. 📉

Stay disciplined with your SL to protect your capital. 🛡️#Write2Earn