💰 $PENGU DISTRIBUTION BREAKDOWN
🔽 SHORT
✳️ ENTRY: 0.0095 – 0.00985
🎯 TARGETS: 0.00934 – 0.0091 – 0.00886 – 0.00841 – 0.00785 – 0.00730
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.0102
Price is showing signs of exhaustion after repeated rejection near the 0.0106 resistance zone. MA7 has rolled over while MACD continues expanding bearish momentum, indicating sellers are taking control in the short term. RSI is also weakening with structure forming lower highs, increasing probability of a deeper correction toward MA99 support zones. Any relief bounce into the entry range can be used for scaling shorts while the market remains below local resistance. Best execution is gradual DCA entries with patience, as volatility on $PENGU can produce sharp fake pumps before continuation downward.

WCTC S8 First Week Battle Report
The event has been running for 7 days, and the popularity continues to soar:
📊 Overview of first-week data
✅ Registered users surpass 50,000+
✅ Participating teams exceed 7,000+
✅ Total trading volume exceeds $10 billion
💰 $8,000,000 prize pool unlocking accelerated
The more active traders there are, the faster the prize pool is released, and the bigger the reward space. Join now to unlock the prize pool together.
⚔️ Three major tracks in fierce competition
🛡 Team competition: Profit leaderboard / Trading volume leaderboard heated competition
🏆 Individual competition: TOP rankings refreshed daily
⚡ 1v1 PK: Daily leaderboard champions receive over 10,000 USDT in rewards
🚀 Participation benefits are still ongoing
🎁 New users can receive 20 USDT contract experience funds
🛡 Join a team to share 40% of the prize pool
⚔️ 1v1 PK: Rewards for top 100 outside the top ranks as well
🎰 Daily mystery box with 100% winning rate
Now is the critical moment to climb the leaderboard, seize positions, and share the prize pool.
👉 Sign up now to compete for the $8M total prize pool! https://www.gate.com/competition/wctc-s8