$PENGU red near 5% today, while $BTC is almost unchanged. Over the past ten days, it has reversed direction continuously.
Looking back at the last 10 sessions: up 11.8%, up 14.4%, down 3.1%, nearly flat, up 5.8%, down 3.7%, up 3.4%, down 7.6%, up 5.3%, and then today down nearly 5%. No up session managed to carry its momentum into the next session.
The resistance zone around $0.0104 has capped the rally six times over the last 30 days. The price is now about 9% below that zone after being pushed back multiple times without even a single close breaking through.
$BTC and $ETH are almost unchanged today. The decline of $PENGU comes from within itself, not from overall market pressure.
Personal observation, not investment advice
#PENGU #PudgyPenguins #Meme #Altcoin
Looking back at the last 10 sessions: up 11.8%, up 14.4%, down 3.1%, nearly flat, up 5.8%, down 3.7%, up 3.4%, down 7.6%, up 5.3%, and then today down nearly 5%. No up session managed to carry its momentum into the next session.
The resistance zone around $0.0104 has capped the rally six times over the last 30 days. The price is now about 9% below that zone after being pushed back multiple times without even a single close breaking through.
$BTC and $ETH are almost unchanged today. The decline of $PENGU comes from within itself, not from overall market pressure.
Personal observation, not investment advice
#PENGU #PudgyPenguins #Meme #Altcoin
