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Monkey Business
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$PENGU
It had a good run for the last couple of days. Price increased nearly 3x. It's currently 0.01220. It's time to go down.
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$PENGU Huge support at 0.010500. If it holds, PENGU might go up in value in the next 6-8 hours. if it doesn't hold the support line, then it will fall quite low. I think It's going to go up to as far as 0.011300.
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$SIGN Stay away from this coin for now. If you have high leverage, this volatility is going to Liquidate you regardless of long and short position.
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$KAITO The volatility is too much. Every swing of the candles moves 2-5% up or down. So, higher leverage is only liquidating traders left and right regardless his/her long or short position. And as we know, liquidity only fuels volatility. So, it is wise to use low leverage in this highly volatile situation. As of now, price is in a consolidation period. So, it is unclear in which direction the price is going to. So, don't jump in at any position without confirmation. Stay safe people.
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$KAITO be extra careful when opening shorts. Price may go up to 1.80+
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$KAITO Look at the funding fee. Insane. Binance is trying so hard to stabilize this coin.
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