$PENGU is currently attempting to hold the psychological 0.0100 level as support. However, on-chain whale data shows a significant "Sell Wall" forming at 0.0103, and the 15m RSI is approaching overbought territory. This suggests a classic "Bull Trap" where whales allow retail to push the price to 0.010 before slamming it down to hunt liquidity below the recent 0.0094 low.

PENGUUSDT

Perp

0.009691

-5.85%

The Trade:

Entry: 0.01005 – 0.01015 (Current Market Price)

Take Profit (TP): 0.00945 (Near 24h low liquidity pool)

Stop Loss (SL): 0.01055 (Above recent local high/whale wall)

Leverage: Mid (10x - 15x)

Risk Warning:

Scalping is high risk. PENGU has extreme volatility. Use strict SL to avoid being caught in a sudden squeeze.