$PENGU is still on my radar here 👀
Spot price is $0.006125 and it’s not exactly ripping, but that’s the point. 24h is only +0.31%, 4h is +0.3%, RSI sits at 55, and funding is 0.005% so longs are already paying up. That’s the kind of setup I watch when the crowd is late and the chart is just coiling.
Not screaming yet.
Just loading pressure.
Volume is $4.31M, which isn’t huge, but PENGU is still 38% off the 30d low and only 11% from the high. MAs are chopping, sure, but that’s where clean moves start if bids keep stepping in 😏
Holding or fading this?
#PENGU
#CryptoNews
Spot price is $0.006125 and it’s not exactly ripping, but that’s the point. 24h is only +0.31%, 4h is +0.3%, RSI sits at 55, and funding is 0.005% so longs are already paying up. That’s the kind of setup I watch when the crowd is late and the chart is just coiling.
Not screaming yet.
Just loading pressure.
Volume is $4.31M, which isn’t huge, but PENGU is still 38% off the 30d low and only 11% from the high. MAs are chopping, sure, but that’s where clean moves start if bids keep stepping in 😏
Holding or fading this?
#PENGU
#CryptoNews