In recent times, a token has drawn attention not only for its peculiar name but also for its technical behavior that challenges even the most skeptical traders: Pengu. While many still turn up their noses at NFT projects and tokens associated with niche communities, the price action pattern that Pengu has been drawing in recent weeks is worthy of analysis — and, of course, respect.
Since its launch on Binance, Pengu has consolidated a solid support base, but what truly impresses is the recent dynamic: the asset drops to a specific level, accumulates strength, and then shoots up at least 9% in almost timed windows, sometimes reaching up to 13%. Those who operate in alignment with this cycle have been able to take advantage of consistent movements, even in a volatile market. Yes, the risk is high — after all, we are talking about cryptocurrencies — but the risk-return ratio, in this case, has been generous for those who understand the game.