PENGU's recent performance is quite interesting. Trading volume surged by 93.4% within 30 minutes, and now the price is at 0.00921 USDT. Such abnormal movements are usually not without reason.
From a technical perspective, the 0.009202 level is a key support, only 0.18% away from the 1H baseline, indicating it is in the near zone. If trading volume suddenly increases sharply, it usually means something is about to happen — it could be a sign of market initiation or a shakeout.
If you want to participate, you can place a buy order around 0.009202 and set your take profit at the resistance level of 0.009409. This low-risk, high-probability strategy involves positioning near support and taking profits when the price rebounds to resistance.
In summary, PENGU's recent move is worth watching, and the upcoming trend will be very interesting.
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ProofOfNothing
· 7h ago
93.4% trading volume surge... Is this really happening or is it just a shakeout again? It happens every time.
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ChainWallflower
· 7h ago
A 93.4% increase, how big of a deal is that? It feels like something is about to dump.
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Frontrunner
· 7h ago
93.4% surge? It depends on whether it can be sustained later. If it's another false boom, it would be awkward.
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RektCoaster
· 7h ago
93.4% of trading volume surged, this doesn't seem right, it feels like someone is playing with fire.
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StakeOrRegret
· 8h ago
93.4% surge? I just want to know if this is genuine institutional entry or if it's just another shakeout.
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GasFeeVictim
· 8h ago
93.4% surge? That's pretty intense, but I have a feeling there will be a shakeout.
PENGU's recent performance is quite interesting. Trading volume surged by 93.4% within 30 minutes, and now the price is at 0.00921 USDT. Such abnormal movements are usually not without reason.
From a technical perspective, the 0.009202 level is a key support, only 0.18% away from the 1H baseline, indicating it is in the near zone. If trading volume suddenly increases sharply, it usually means something is about to happen — it could be a sign of market initiation or a shakeout.
If you want to participate, you can place a buy order around 0.009202 and set your take profit at the resistance level of 0.009409. This low-risk, high-probability strategy involves positioning near support and taking profits when the price rebounds to resistance.
In summary, PENGU's recent move is worth watching, and the upcoming trend will be very interesting.