$PENGU has broken through the 0.008 level. Two possible scenarios next:
① If it retests 0.008 and holds → the level becomes support; the next target above is the 24-hour high of 0.008084.
② If it falls back below 0.008 and fails to reclaim it → this was probably just a brief spike, so don't get too attached.
I personally place more importance on the support shown at the first retest.
#PENGU
This view is for discussion only. You are responsible for your own gains and losses.
① If it retests 0.008 and holds → the level becomes support; the next target above is the 24-hour high of 0.008084.
② If it falls back below 0.008 and fails to reclaim it → this was probably just a brief spike, so don't get too attached.
I personally place more importance on the support shown at the first retest.
#PENGU
This view is for discussion only. You are responsible for your own gains and losses.