$PENGU just broke down through local support, and the 0.008936 low is the level that already caught the last flush earlier in this window. Sellers rejected price under both EMAs and drove the sharp leg lower, leaving the chart in discount with bearish structure intact. A weak bounce likely retests 0.00947 to 0.00955 beneath the EMAs before sellers press back down. Losing 0.008936 on a close favors continuation toward the prior window low near 0.0087. Only a reclaim of 0.009748, the last bullish candle before this selloff, flips the read. Do you think 0.008936 holds as a floor, or does it give way to 0.0087? More reads like this land daily in the group, bio has the way in. #Altcoin Season#