$PENGU just confirmed the breakdown.



The Inverse Cup & Handle played out exactly as bears wanted.

Key support has been lost, sellers are gaining control, and momentum is shifting to the downside. Lower targets are now firmly in focus.

The structure looks weak and every bounce could be an opportunity for bears to add more pressure.

If this breakdown holds, the next move could be fast and aggressive.

PENGU looks ready for another leg down.
PENGU-3.46%
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ColdLightNftCabinet
· 1h ago
Xiongqi confirms, this round of bears is indeed comfortable.
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InvisibleMarketMaker
· 1h ago
The structure is already broken; every rebound is an opportunity to reduce positions. Don't be narrow-minded.
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ThinkForThreeSecondsBefore
· 1h ago
Inverse Cup & Handle has completed; the space below has opened up—wait for a volume surge.
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PerpWhisperer
· 1h ago
PENGU this form… classic breakdown script—next target first, looking at the previous low
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PfpSeasonChangeExpert
· 1h ago
Key support levels have broken, and the rebound is just fueling the bears, those who understand, understand.
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