The only number that matters for $PENGU right now is 0.0103.
It's the 7-day high, and after a +12.4% move on $37M volume, the tape is trying to break it. Price is holding above the short-term EMAs, so the bid is still there. My read is this isn't just a liquidity hunt. The RSI at 61 has room to run before it's overheated. This move feels like it wants to continue.
Is this the breakout, or is it the perfect exit liquidity for sellers at the range high?
$PENGU
It's the 7-day high, and after a +12.4% move on $37M volume, the tape is trying to break it. Price is holding above the short-term EMAs, so the bid is still there. My read is this isn't just a liquidity hunt. The RSI at 61 has room to run before it's overheated. This move feels like it wants to continue.
Is this the breakout, or is it the perfect exit liquidity for sellers at the range high?
$PENGU
