$PENGU /USDT : The daily and 4h charts are firmly bearish, with price below key moving averages. However, the 1h chart shows a temporary bounce above its EMA50. This is a classic bear market rally. The trigger to short is a drop below the 1h EMA50, confirmed by the 15m RSI falling under 50. This signals the counter-trend momentum is failing, offering a high-probability entry to ride the dominant downtrend lower. The setup is aligning now.

Actionable Setup Now (SHORT)

Entry: market at 0.009264 – 0.009328

TP1: 0.009104

TP2: 0.00904

TP3: 0.008912

SL: 0.009488