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$PENGU

Direction: Short

Entry Zone: $1.020–$1.025

Stop-Loss: $1.038

Take-Profit:

🎯 TP1: $1.005

🎯 TP2: $0.985

🎯 TP3: $0.960


Setup: The $1.0215 area saw a notable short liquidation, indicating that liquidity has recently been taken around this level. A rejection back below $1.025 would favor a short continuation toward lower support zones.


⚠️ Invalidation: Cancel the setup if price establishes a strong candle close above $1.038 with sustained buying volume.


Risk should be controlled carefully; wait for rejection confirmation rather than chasing the move.

$PENGU

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