PENGU. Main trend. Trend reversal zone. 04 07 2025

Logarithm. Main trend. Fresh cryptocurrency, which is being driven into hype.

Locally now. Price at the median of the bowl.
Buyer volume dominates. Most likely, there will be a large pump in case of a breakout.

The chart is somewhat reminiscent of the Bitcoin chart, the reversal zones of this secondary trend, after the first local wave of growth. The first local, significant target is shown.

There is a possibility of a helicopter, that is, to collect stops in both directions, and thereby dump passengers before a potential pump.

Such cryptocurrencies (low liquidity, monopoly over the price due to the concentration of cryptocurrency in “one hand”) at a good time "the hamster is not scared", will be pumped up conditionally, like Shiba Inu (SHIB), driving the hype (raising the price over and over again, and coming up with positive news) and 0.5 million Twitter subscribers (X). Medium-term — long-term level zones are shown on the chart.

Note

13 07 2025

there was a breakthrough of the reversal zone, the price is moving in the direction of the resistance of the expanding trend triangle-channel, at the moment +50%. Now there is a local stop under the mirror level of the previous distribution (previously the listing zone on liquid exchanges (this is very important) and holding the price for sales in the local channel, under the marketing positive).

A breakthrough of this local resistance zone, and its performance as a support zone (high probability) - continuation of the trend development to the main medium-term resistance.

Not a breakthrough (less probability), - to start a decline in the zone of previous highs of the local altseason (yellow dotted line), and to the median of the expanding trend triangle-channel (white dotted line). These are all local targets.

Note

🧠 If you use trigger orders for a breakout or stopLoss for a purchase, if the functionality of your exchange does not have this tool for work, then you are already in a good local profit. Then it's up to your trading strategy and risk management:

1️⃣ local sale at the market (relevant if you use high leverage and you are in significant profit).

2️⃣ protective stopLoss, % you select yourself according to the chart and your risk management (Profit protection).

3️⃣ stopLoss in breakeven in the entry zone or slightly below.

4️⃣ do nothing by placing limit orders in your supposed sales zone, so as not to get caught in the sawing and stopLoss removal

5️⃣ your own version of the trader's local work tactics that suits you, and with which you agree in advance, and not just with a positive result.

🧠 The second part of the post, and this PENGU cryptocurrency itself, acts as an example of local work in "market noise" (for many, this is destructive, that is, if they do not climb, then they "earn" more, that is, "sit on the trend"). But, at a later time, this will be very relevant and applicable to various candy wrappers at conditional highs.

Note

15 017 2025

reached the second local target, with a breakout of +85% (price slippage is more than +100%). Most likely, we will reach locally dynamic resistance of the expanding trend triangle. Then a rollback as before, or a parabolic large pump on a breakout of the previous logic of movement. Now at the moment the price is 0.3181

Trade active

24 07 2025

target about +150% to the intersection of the resistance of the large bowl 0.04303 and the dynamic resistance of the expanding trend triangle is reached. Secondly, this is the key resistance, breakthrough/not breakthrough, which will form a further trend.

This is a large local profit during the summer consolidation of the market. Protect it or fix part of it, there are satisfied. Pay attention to the huge volume of the buyer of these 2 zones. Perhaps the third zone will be an order of magnitude larger. Will there be a rollback to the median of the trend, and then space? Or will there not be a significant rollback?

SpartaBTC

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SpartaBTC

✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2

Also on: