$PENGU next 24 hours: heavy while resistance caps it
Capped below: 0.00766579
Downside path: 0.00741900 then 0.00724878
Invalidated above: 0.00828095
PENGU: what the next day hinges on
PENGU is at 0.00760500, down 8.0% over the last 24 hours.
The trend is down and bounces keep getting sold.
While 0.00766579 caps the bounces, pressure points to those targets. Reclaiming 0.00828095 squeezes shorts and flips the picture.
The faded path is one way this could play out. The levels are what you actually trade.
Trade PENGU: spot https://www.binance.com/en/trade/PENGU_USDT | futures https://www.binance.com/en/futures/PENGUUSDT
$PENGU #PENGU #Write2Earn #TradingSignals #Breakout
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
Capped below: 0.00766579
Downside path: 0.00741900 then 0.00724878
Invalidated above: 0.00828095
PENGU: what the next day hinges on
PENGU is at 0.00760500, down 8.0% over the last 24 hours.
The trend is down and bounces keep getting sold.
While 0.00766579 caps the bounces, pressure points to those targets. Reclaiming 0.00828095 squeezes shorts and flips the picture.
The faded path is one way this could play out. The levels are what you actually trade.
Trade PENGU: spot https://www.binance.com/en/trade/PENGU_USDT | futures https://www.binance.com/en/futures/PENGUUSDT
$PENGU #PENGU #Write2Earn #TradingSignals #Breakout
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
