Bulls are trying to push a bounce off recent lows, but every rally is met with immediate selling pressure, keeping the overall structure bearish. The momentum is weak, and the trend remains firmly down. Decided to SHORT this bounce into the supply zone. Entry around 0.009498 - 0.009556. #penguiana #cryptouniverseofficial #TradingTales #GateChristmasVibes
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$PENGU USDT (SHORT)
Bulls are trying to push a bounce off recent lows, but every rally is met with immediate selling pressure, keeping the overall structure bearish. The momentum is weak, and the trend remains firmly down.
Decided to SHORT this bounce into the supply zone.
Entry around 0.009498 - 0.009556.
#penguiana #cryptouniverseofficial #TradingTales #GateChristmasVibes