🚨📢Wait... Wait... Wait...
Focus here for a moment....
This is $PENGU at the current price ~0.0112, and it's sitting in a key historical demand zone.
Simple structure, simple logic 👇
PENGU has already gone through a full cycle of hype → distribution → severe crash. Now the price is stabilizing at long-term support around 0.0105–0.0110, which is an area where sellers seem to be clearly tiring.
There are two clear scenarios from here:
• Accumulation and rebound:
If PENGU is above 0.0105, this range becomes an accumulation base. A clean move above 0.015–0.016 can lead to a recovery towards 0.020–0.022, and later 0.025+.
• Risk of collapse:
If the price loses 0.0105 with a strong daily close, the next liquidity in the downward direction is near 0.009–0.0085.
For now, this is not a FOMO buying area and also not a bottom selling area.
Summary:
– Structure: establishing at demand
– Bullish only above: 0.015+
– Bearish only below: 0.0105
Best move here = wait for confirmation, no emotions.
