The meme-related condition set on October 16—has it been met this time?
That post calculated the rolling 24-hour range as (high − low) ÷ low. PENGU’s range was 2.09 percentage points wider than SHIB’s, and the condition to check was whether the gap had narrowed.
At 10:19 Beijing time, on Binance spot USDT markets, using the same formula: PENGU’s range was 8.23%, while SHIB’s was 5.11%. PENGU’s range is still wider, and the gap is even larger than before: it hasn’t narrowed—it’s widened.
A reality check: a wider range only means the high and low are farther apart; it doesn’t tell you which way prices will move next. “More volatility” doesn’t mean “more opportunity.”
Next time, using the same yardstick, just check whether PENGU’s range is still wider than SHIB’s.
$PENGU $SHIB
That post calculated the rolling 24-hour range as (high − low) ÷ low. PENGU’s range was 2.09 percentage points wider than SHIB’s, and the condition to check was whether the gap had narrowed.
At 10:19 Beijing time, on Binance spot USDT markets, using the same formula: PENGU’s range was 8.23%, while SHIB’s was 5.11%. PENGU’s range is still wider, and the gap is even larger than before: it hasn’t narrowed—it’s widened.
A reality check: a wider range only means the high and low are farther apart; it doesn’t tell you which way prices will move next. “More volatility” doesn’t mean “more opportunity.”
Next time, using the same yardstick, just check whether PENGU’s range is still wider than SHIB’s.
$PENGU $SHIB