PENGU looks ready for a drop — most traders won’t see this coming.
📉 SHORT setup spotted
$PENGU / USDT
⚠️ Risk Level: 8/10 (SHORT)
Why this trade makes sense:
• The 4H structure is primed for a downside move.
• Sell zone: 0.011964 – 0.01206
• On the 15m timeframe, RSI is sitting near 40, signaling fading bullish strength inside the daily range.
• Momentum is weakening — sellers are starting to take control.
Targets & Risk Management:
🎯 TP1: 0.011727
🎯 TP2: 0.011632
🎯 TP3: 0.011442
🛑 Stop Loss: 0.012297 (tight SL = clean R:R)
Trade Idea:
Short the rejection from resistance and ride the breakdown if momentum confirms.
Big question:
Is this the real breakdown… or just another range trap before a bounce?