Altcoins News
By Julie Binoche
1 / 15
Why the Trend Remains Bullish. At press time, PENGU’s market structure remains firmly bullish. The break above the $0.
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Volume Up, But So Is Volatility. High demand is a clear bullish sign, but it’s coming with a side of increased volatility.
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What the Liquidation Heatmap Reveals. Looking at the liquidation heatmap from Coinglass, we can see a classic liquidity hunt at play.
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Final Take: Wait, Then Ride the Next Wave. While the overall trend for PENGU is clearly bullish, entering right now may expose traders to…
5 / 15
The Pudgy Penguins token, PENGU, has caught fire in recent weeks, posting a strong bullish trend that has so far withstood short-term volatility.
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The short answer? It might be best to wait for a dip.
7 / 15
Despite strong capital inflows and positive technicals, the next key support zone between $0.012 and $0.013 could be the sweet spot for a more favorable entry.
8 / 15
At press time, PENGU’s market structure remains firmly bullish. The break above the $0.0125 local high confirms upward momentum, and so far, higher lows continue to form.
9 / 15
The Awesome Oscillator (AO) has also crossed above the zero line, indicating that bullish momentum is still in play.
10 / 15
The Chaikin Money Flow (CMF) indicator has been especially telling. A CMF reading above +0.05 typically signals healthy capital inflows into an asset.
11 / 15
High demand is a clear bullish sign, but it’s coming with a side of increased volatility. Since last Friday, daily trading volumes have surged, yet the price candles on the chart…
12 / 15
This kind of price action often hints at uncertainty and can signal upcoming liquidity-driven moves, especially on lower timeframes.
13 / 15
This reinforces the argument for waiting. The $0.012 to $0.013 zone, identified earlier as a Fair Value Gap, is now emerging as a “magnetic zone” — a price range that attracts…
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While the overall trend for PENGU is clearly bullish, entering right now may expose traders to heightened volatility and unfavorable risk-reward conditions.
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For traders looking to enter, patience could pay off. Let the market come to you. With capital inflows high and technical support aligning with liquidity levels, the next big…
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