Sellers have a clean shot here. $PENGU is sitting at the short zone, and the 1H setup has entry 0.009756–0.009758, SL 0.009974, TP1 0.009524, and TP2 0.009364.
The 15m still has buyers pushing, but that break above 0.009585 came with weak volume and didn’t really stick. On the 1H, momentum is fading while price remains heavily stretched. The 4H is mixed, so there’s still some push-pull underneath, but the short side has a clear level to work with.
The 15m still has buyers pushing, but that break above 0.009585 came with weak volume and didn’t really stick. On the 1H, momentum is fading while price remains heavily stretched. The 4H is mixed, so there’s still some push-pull underneath, but the short side has a clear level to work with.
