🪙 It seems that #PENGU is being sold off, and the price of 
PENGUUSDT has been stuck in consolidation at conditional highs for several days now, where positions are likely being redistributed.
Nevertheless, if at the beginning of the year, after listing, the price of the #PudgyPenguins token was released into not even “free float,” but simply into “free fall,” now, for several months, it has been “held” in a controlled manner.
🐻 If our assumption is correct, then the price of #PENGUUSDT should adjust to $0.01 or, in the worst case, to $0.0065-0.0070
📈 And if we are wrong, then the price of #PENGU has every chance of breaking out through to $0.02 in the coming days. With a global target of $0.03
⁉️ What is your opinion
Is this a fundamental project that is doomed to grow, or just a manipulative memecoin toy?
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
PENGUUSDT has been stuck in consolidation at conditional highs for several days now, where positions are likely being redistributed.Nevertheless, if at the beginning of the year, after listing, the price of the #PudgyPenguins token was released into not even “free float,” but simply into “free fall,” now, for several months, it has been “held” in a controlled manner.
🐻 If our assumption is correct, then the price of #PENGUUSDT should adjust to $0.01 or, in the worst case, to $0.0065-0.0070
📈 And if we are wrong, then the price of #PENGU has every chance of breaking out through to $0.02 in the coming days. With a global target of $0.03
⁉️ What is your opinion
Is this a fundamental project that is doomed to grow, or just a manipulative memecoin toy?
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.