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BlockchainBaller
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Wait.....Wait.....wait.....Just look at the $PENGU move now.
This is exactly why I keep saying trust the levels I share....
$PENGU is showing a very familiar accumulation pattern on the higher timeframe....
After the explosive move toward the previous high, price cooled off exactly where it should back into a strong support zone. What stands out now is simple: PENGU is not breaking down from support. Sellers tried, but price keeps holding.
This sideways action after a sharp drop is usually absorption, not weakness. When a coin stops making lower lows at support, it often means supply is getting exhausted and smart money is quietly building positions.
The structure is clean: expansion → correction → base.
That’s the same cycle we’ve seen before major continuation moves.
If this support continues to hold, the next leg can target a move back toward the prior range highs, with momentum expansion once buyers step in. No need to chase here — this is a wait-and-build phase, not panic selling.
Patience matters here.
PENGU isn’t dead — it’s loading.
This is exactly why I keep saying trust the levels I share....
$PENGU is showing a very familiar accumulation pattern on the higher timeframe....
After the explosive move toward the previous high, price cooled off exactly where it should back into a strong support zone. What stands out now is simple: PENGU is not breaking down from support. Sellers tried, but price keeps holding.
This sideways action after a sharp drop is usually absorption, not weakness. When a coin stops making lower lows at support, it often means supply is getting exhausted and smart money is quietly building positions.
The structure is clean: expansion → correction → base.
That’s the same cycle we’ve seen before major continuation moves.
If this support continues to hold, the next leg can target a move back toward the prior range highs, with momentum expansion once buyers step in. No need to chase here — this is a wait-and-build phase, not panic selling.
Patience matters here.
PENGU isn’t dead — it’s loading.
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.
ZKP
0.13
+1.24%