#PENGUUSDT confirms a bearish impulsePENGUUSDT Perpetual ContractBYBIT:PENGUUSDT.PMoriartyTrading📉 SHORT PENGUUSDT.P from $0.034625 ⚡ Stop loss $0.035646 🕒 Timeframe: 4H ⚡ Overview: ➡️ A Double Top pattern PENGUUSDT.P has formed, signaling a bearish reversal. ➡️ The price broke the $0.0355 support and is consolidating below, confirming seller strength. ➡️ Increasing sell volume confirms bearish control. ➡️ Main focus on targets in the $0.034–0.033 zone. ➡️ The POC at $0.03113 remains the ultimate bearish objective. 🎯 TP Targets: 💎 TP 1: $0.033947 💎 TP 2: $0.033369 💎 TP 3: $0.032948 PENGUUSDT.P Trade Recommendations: 📢 Hold short towards the TP zones. 📢 Watch for reaction around $0.0339 — partial profit-taking possible. 📢 Invalidation if price reclaims above $0.0356. ⚠️ As long as bearish pressure holds, the price is likely to continue towards TP2–TP3. ⚠️ A recovery above $0.0356 would invalidate this setup. 🚀 The signal confirms a bearish impulse — expecting further downside!