🔥 $PENGU stuck in this sideways grind with a bearish shadow hanging over it, but honestly, the setup's got me eyeing a sneaky short-term flip if things line up.
Volume's gone radio silent lately: That last daily candle clocked in at just 2.82M, peanuts compared to the bloodbath dumps like the 16.8B monster from back on Nov 21. After a brutal slide like that, this low-action pause? Classic sign sellers are tapped out down here—could be priming for a cheeky bounce if buyers sniff weakness.
On flows, it's a tale of two timelines: Medium and longer hauls are leaking bad (-4.49M over 3D, -10.61M on 5D, -11.76M weekly for contracts), which keeps the bears growling. But zoom short-term—4H, 6H, 8H flipping green—and spot's got net inflows ticking up on 24H and 3D. Feels like some smart accumulation creeping in at these dirt-cheap levels, a little bullish whisper against the gloom.
Here's my angle $PENGU : Cautiously long for a quick tactical pop—nothing heroic, just riding the potential rebound.
Wait for a minor dip to 0.0088-0.0090 (sitting pretty on recent support and that BOLL lower band), or go bolder on a clean break/hold over Resistance at 0.009555 with some juice behind it.
Stop it tight at 0.00835—right under Support and the last swing low, if you're in around 0.00885.
$PENGU Upside? First grab at the middle BOLL 0.01026, then next resistance 0.01032 if it keeps chugging.
Play small, folks—this bear bias ain't dead yet, and one wrong candle could sting. You dipping toes for the bounce or steering clear? #pengu #PENGUUSDT #PudgyPenguins