🔴$PENGU - Be carefull here, that's probably a bearish retest of the main uptrend! 🔴
Prices remain neutral {H4] and overbuy on the daily, & a correction to retest the 0.0100$ level could be see! ⚠️
On my weekly view, a test of the 0.009200$ would be perfect to confirm or infirm another leg up! [bullish wave]
A breakout below the 0.01100$ level will surely lead to a big sell off.
If we also look at the H4 view, we have a nice decline of the RSI suggesting that the buy pressure is decreasing and a local top is probably about to be see!
💡Nothing is sure, I just warn you to not FOMO here after a 275% rally upward and main uptrend breakout!
