$PENGU just did what I almost missed.
I was watching the 4h candle, expecting the usual chop, then it ripped 13% and tagged $0.009932. That got my attention. 👀
Volume is the real tell here: $37.17M today, about 3.8x the 20d average, with price holding above both the 20d and 50d MAs. Momentum is strong, but RSI at 78 means chasing the green candle here feels reckless.
At $0.010, I’d wait for a clean retest instead of forcing an entry. $XRP had the same kind of “everyone notices at once” move before.
Would you enter here or wait for a retest? 🐧
#PENGU #Crypto #Altcoin
I was watching the 4h candle, expecting the usual chop, then it ripped 13% and tagged $0.009932. That got my attention. 👀
Volume is the real tell here: $37.17M today, about 3.8x the 20d average, with price holding above both the 20d and 50d MAs. Momentum is strong, but RSI at 78 means chasing the green candle here feels reckless.
At $0.010, I’d wait for a clean retest instead of forcing an entry. $XRP had the same kind of “everyone notices at once” move before.
Would you enter here or wait for a retest? 🐧
#PENGU #Crypto #Altcoin