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$PENGU is pushing into a resistance pocket where the upside may be running out of steam
Trading Plan Short $PENGU ( max 20x )
Entry: 0.00943 – 0.00991
SL: 0.0105
TP: 0.00886
TP: 0.00810
TP: 0.0073
The move up is starting to look stretched as continuation struggles to expand cleanly into supply. Instead of strong breakout behavior, the structure suggests buyers may be getting absorbed while seller pressure builds overhead. If this zone holds, rejection could develop into a broader downside rotation.