Trying to maintain psychological level $PENGU currently at 0.0100 as support. However, whale data on the chain shows a large "sell wall" forming at 0.0103, as the RSI indicator on the 15-minute frame approaches the "overbought" zone. This indicates a classic "bull trap" where whales allow individuals to push the price to 0.010 before starting to sell aggressively to hit liquidity below the last bottom of 0.0094.

PENGU
PENGUUSDT
0.009569
-6.25%

Trade:

Entry: 0.01005 – 0.01015 (current market price)

Take Profit (TP): 0.00945 (near the 24-hour bottom liquidity cluster)

Stop Loss (SL): 0.01055 (above the last local peak and whale wall)

Leverage: Medium (10x - 15x)

Risk Warning:

High-risk speculation. $PENGU is characterized by extreme volatility. Use a strict stop loss to avoid falling into a "trap" of sudden short positions.