🔴 $PENGU · 1H
Price is $0.009527 and $PENGU remains below the averages that capped it earlier. The $0.009398 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. That is 14.6% to the ceiling and 1.4% to the floor. The 20 crossed below the 50 recently, for only 9 candles, so this leg is still young. RSI at 41 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.009398 and $0.0105, sitting near the bottom of it now. Turnover is unremarkable, running 0.8x the recent average. Down 6.0% over 24 hours.
DYOR
$PENGU #TechnicalAnalysis
Price is $0.009527 and $PENGU remains below the averages that capped it earlier. The $0.009398 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. That is 14.6% to the ceiling and 1.4% to the floor. The 20 crossed below the 50 recently, for only 9 candles, so this leg is still young. RSI at 41 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.009398 and $0.0105, sitting near the bottom of it now. Turnover is unremarkable, running 0.8x the recent average. Down 6.0% over 24 hours.
DYOR
$PENGU #TechnicalAnalysis
