$PENGU 15 minutes -5.47%, current price 0.007972. If you’re itching to get in, go through these three questions first:
① Is the 24h low of 0.00785 still below us—do we have any sign that selling is slowing down?
② This drop came suddenly—if it falls further for a while, can you hold up?
③ Have you decided on your position size? What if you end up buying the wrong thing—how will you handle it?
If you haven’t thought it through, better wait.
In weak markets, what you should look at even more is whether the volume is shrinking.
#PENGU
Purely my personal view—please treat it rationally.
① Is the 24h low of 0.00785 still below us—do we have any sign that selling is slowing down?
② This drop came suddenly—if it falls further for a while, can you hold up?
③ Have you decided on your position size? What if you end up buying the wrong thing—how will you handle it?
If you haven’t thought it through, better wait.
In weak markets, what you should look at even more is whether the volume is shrinking.
#PENGU
Purely my personal view—please treat it rationally.