$PENGU just printed a downside BOS, and that usually precedes a retest of the sweep low. Sellers took out both EMAs and swept the window low at 0.007572. The bounce since is thin. 0.008229 is the swing high capping any rebound. Fail there and the 0.007572 retest is the cost for anyone still holding from higher. Only a sustained reclaim of 0.00836976 weakens this bearish read. Are you treating 0.007572 as the line that decides it? We break down setups like this with the group every day, so check in if you want the morning read. #Altcoin Season#