$PENGU is down **6.6%** today đ§ On the daily chart it's slipping back from its **0.0112** high, and it's now at **0.009167**.
The daily trend is still up: price is above the MA25 (0.0088) and far above the MA99 (0.0074). But it just dropped below the MA7 (0.0094), and the last few days show lower highs, so momentum is cooling. â ïž
**My read: neutral to slightly bearish short-term, bullish long-term trend.** Hold 0.0088 and the uptrend stays alive. Lose it and 0.0078 is the next support. Reclaim 0.0094 and 0.0102 opens up. đ
On a daily chart, patience pays more than guessing the bounce. I'm waiting for 0.0088 to hold or break.
#PENGU #PudgyPenguins #cryptooinsigts
The daily trend is still up: price is above the MA25 (0.0088) and far above the MA99 (0.0074). But it just dropped below the MA7 (0.0094), and the last few days show lower highs, so momentum is cooling. â ïž
**My read: neutral to slightly bearish short-term, bullish long-term trend.** Hold 0.0088 and the uptrend stays alive. Lose it and 0.0078 is the next support. Reclaim 0.0094 and 0.0102 opens up. đ
On a daily chart, patience pays more than guessing the bounce. I'm waiting for 0.0088 to hold or break.
#PENGU #PudgyPenguins #cryptooinsigts
