Watching $PENGU closely as it tests higher levels
As long as $PENGU stays above 0.0061, it looks primed for a further leg up, targeting the resistance at 0.0069, given the current uptrend and bullish momentum
Price is above SMA7 and SMA25, last candle is bullish, and volume is rising over the last 5 bars
A daily close under 0.0057 breaks this setup and invalidates the long thesis
Are you long $PENGU on this uptrend, or do you see a reversal coming?
As long as $PENGU stays above 0.0061, it looks primed for a further leg up, targeting the resistance at 0.0069, given the current uptrend and bullish momentum
Price is above SMA7 and SMA25, last candle is bullish, and volume is rising over the last 5 bars
A daily close under 0.0057 breaks this setup and invalidates the long thesis
Are you long $PENGU on this uptrend, or do you see a reversal coming?