$PENGU 0,0097 — stabbed upward two times of 0,0105 within a week; the next time is lower than the previous one.
1H chart, 30m sideways drift down, 15m is recovering slightly.
On 23/9, it went to 0,0112; on 27/9, it rose to 0,0109; last night it was at 0,0106. In every case, it gets pushed back below 0,0100. After last night’s move, the open interest fell from 39 to 32 million USD.
The highs keep getting lower within a horizontal range; the sell pressure is gradually edging up each time.
Above: 0,0100 then 0,0103–0,0106.
Below: 0,0095 then 0,0090.
0,0095 — can the weekly range still be maintained?
Personal observation only, not financial advice. Risk is 1%, always with a stop point.
#PENGU #PudgyPenguins $PENGU
1H chart, 30m sideways drift down, 15m is recovering slightly.
On 23/9, it went to 0,0112; on 27/9, it rose to 0,0109; last night it was at 0,0106. In every case, it gets pushed back below 0,0100. After last night’s move, the open interest fell from 39 to 32 million USD.
The highs keep getting lower within a horizontal range; the sell pressure is gradually edging up each time.
Above: 0,0100 then 0,0103–0,0106.
Below: 0,0095 then 0,0090.
0,0095 — can the weekly range still be maintained?
Personal observation only, not financial advice. Risk is 1%, always with a stop point.
#PENGU #PudgyPenguins $PENGU
