PENGU Topping Out? Targeting 30% Downside After Liquidity SweepPENGU has had an explosive run, but it now looks to be nearing completion of wave 5 of its current Elliott impulse.
We’re approaching a key high at $0.04698, a likely liquidity grab zone — and potentially a great area to position for a short trade.
🧩 Short Setup Overview
➡️ Wave 5 Completion
Related pairs
PENGU/USDT: THE ULTIMATE FIBONACCI RETRACEMENT PLAY💎 THE GOLDEN SETUP: 5-Point Technical Confluence
1️⃣ FIBONACCI MASTERCLASS IN ACTION
0.5 Fib Level: $0.021181 (HELD PERFECTLY) ✅
0.618 Golden Ratio: $0.017920 (Strong Support Zone)
0.786 Deep Retracement: $0.013920 (Ultimate Backstop)
Current Position: Trading above 0.5 Fib = BULLISH CONTROL
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$PENGU: Taking Profit and Watching for a TurnIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
PENGU has made a strong move off the 0.007 level, now it just popped cleanly out of consolidation beneath the key LOI at 0.032. That break gave us the signal we ne
PENGU/USDT - Divergence + OrderBlock = High R Setup📈The setup aligns with a key bullish order block, where price is expected to revisit before a potential continuation.
📉Entry is marked just below current price, anticipating a mitigation of the FVG + OB zone. Multiple confluences (sweep, BOS, RSI & volume divergence) add conviction to this move. If
Is $PENGU Cooling Off?CSECY:PENGU continues to deliver, respecting structure and printing some clean price action. After breaking out of consolidation beneath the LOI at 0.032, price extended sharply, reaching as high as 0.0469—where we just saw a firm rejection, previously identified in the last update.
That level was
Buy Trade Strategy for PENGU: Betting on Meme Power and CommunitDescription:
This trading idea highlights PENGU, an emerging meme-based cryptocurrency that has gained popularity through its strong community support and viral potential. Inspired by internet culture, PENGU represents more than just humor — it taps into the growing trend of community-driven tokens
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of PENGUUSDT SPOT (PENGU) is 0.043465 USDT — it has risen 8.24% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing PENGU price chart.
PENGUUSDT SPOT price has risen by 31.55% over the last week, its month performance shows a 338.54% increase, and as for the last year, PENGUUSDT SPOT has increased by 1.18 K%. See more dynamics on PENGU price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
PENGUUSDT SPOT (PENGU) reached its highest price on Dec 17, 2024 — it amounted to 0.058510 USDT. Find more insights on the PENGU price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
PENGUUSDT SPOT (PENGU) reached the lowest price of 0.003400 USDT on Dec 17, 2024. View more PENGUUSDT SPOT dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying PENGU is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade PENGU right from TradingView charts — just choose a broker and connect to your account.
PENGUUSDT SPOT (PENGU) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, PENGUUSDT SPOT is estimated as 4.30% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about PENGUUSDT SPOT, you can find more inspiration in our curated watchlists.
You can discuss PENGUUSDT SPOT (PENGU) with other users in our public chats, Minds or in the comments to Ideas.