$PENGU - leaning SHORT (x30)
- Moving averages sit stacked above price, capping any recovery attempt.
- Sellers account for 56.9% of trades, and the shorter view lines up with that.
- An initial push lower already occurred, leaving 0.0081 as the level to watch.
Entry: 0.00807 - 0.00809
SL: 0.00817 (-1.0%)
TP: 0.008 - 0.00793 - 0.00786 (+1.1-2.8%)
⚠️ Personal market insight, not investment advice. DYOR.
Tracking $XRP for the next move.
- Moving averages sit stacked above price, capping any recovery attempt.
- Sellers account for 56.9% of trades, and the shorter view lines up with that.
- An initial push lower already occurred, leaving 0.0081 as the level to watch.
Entry: 0.00807 - 0.00809
SL: 0.00817 (-1.0%)
TP: 0.008 - 0.00793 - 0.00786 (+1.1-2.8%)
⚠️ Personal market insight, not investment advice. DYOR.
Tracking $XRP for the next move.