#PENGUUSDT – Is it a reflection or just a retest? 📉
On the H4 timeframe, the $PENGU stock price previously declined from the symmetrical triangle level, indicating a continuation of the downtrend.
A retest has not yet occurred. Today, the price is moving back toward the SBR zone of the pattern – most likely a retest, which can be used to open sell positions.
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BasheerAlgundubi
· 6h ago
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Goal: $0.007, measured from the apex of the triangle ⚠️
#PENGUUSDT – Is it a reflection or just a retest? 📉
On the H4 timeframe, the $PENGU stock price previously declined from the symmetrical triangle level, indicating a continuation of the downtrend.
A retest has not yet occurred. Today, the price is moving back toward the SBR zone of the pattern – most likely a retest, which can be used to open sell positions.
Target: $0.007, measured from the triangle apex ⚠️
#MiddleEastTensionsEscalate
#PENGU
$PENGU