📊 $PENGU – Pressure to take profits, short-term bias downward
🗓️ Friday, 29/08/2025
📰 The market is monitoring US inflation data and statements from the Fed; cautious risk appetite.
💰 Current price: 0.02923 USDT — below EMA7 and EMA25, but still above EMA99 ⇒ short-term trend weakening, medium-term remains stable.
📈 RSI(6/12/24): 35.7 / 41.3 / 47.5; MACD(12,26,9) ~ -0.00035 (below 0) ⇒ weak momentum, prone to further adjustments.
📊 Futures: OI slightly decreased; Long/Short ratio across the market ~1.22; Top trader L/S (accounts) ~1.11, (positions) ~1.42; funding near 0, slightly negative. Probability leans SHORT.
⚡ Basis narrowing to near 0/slightly negative → defensive sentiment, prone to long squeeze during strong volatility.
🎯 Preferred trend: SHORT 📉 – Probability 60%
📍 Entry (Entry zone): 0.0308
🎯 TP1 (Take profit 1): 0.0280 ~ 9.09% compared to Entry
🎯 TP2 (Take profit 2): 0.0265 ~ 13.96% compared to Entry
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💡 Did you know?
The Long/Short Ratio indicates the market's positioning bias. When the ratio >1 and increasing but prices are sideways/down, the risk of a long squeeze is higher. Combine with OI to assess whether capital flow is expanding (sustained trend) or contracting (prone to reversal).
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