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$PENGU is a setup for further lower low — short bias confirmed 🎯
Entry: 0.006611 🔥
Target: 0.006448 🚀
Stop loss: 0.006774 ⚠️
The chart doesn't lie. $PENGU is printing lower highs since the last rejection at resistance, and the RSI and EMA structure are all pointing down on the 4H timeframe. Volume is rising on the sell side — this is not a random slip, but momentum building.
The first target at 0.006448 represents only a 2.5% move from entry, but the pattern suggests it could accelerate if support at 0.006285 is broken. Are you taking this short trade or waiting for a retest?
Not financial advice. Always manage your risk.
#PENGU #ShortSetup #Bearish #Crypto #Trading