“PENGU breaks below 0.033! Extremely oversold + capital outflow, are you brave enough to catch the bottom?”

【Quick Overview】

The price has fallen for 7 consecutive days, trapping 90% of holders above 0.035; when the market is in panic selling, the 'vacuum gap' at 0.028–0.030 has instead become the trap that bears fear the most.

【Range Structure and Volume Distribution】

1. Value Anchor: POC = 0.03736, with 164 million coins accumulated above, becoming strong resistance in the short term.

2. High Volume Node (HVN):

• 0.03086-0.03130: The first 'buffer' for bulls, with nearly 4.2 billion coins changing hands, rebounds often get blocked here.

• 0.04211-0.04277: Short covering area, if volume breaks through, it can quickly reach 0.045.

3. Low Volume Gap (LVN):

• 0.02870-0.02956: 5 million coins traded thinly, the price can easily 'gap' through, making it the best ambush point for short-term bulls.

• 0.04472-0.04623: Similarly thin above, once it holds above 0.043, it can accelerate towards 0.046.

4. 70% Volume Coverage Area: 0.03021-0.04342, the current price has dropped to the lower edge of the range, RSI at 18.5 has entered the historical extreme oversold area.

5. Momentum Verification: Down Volume near POC at 50.5%, bulls and bears are close to balance; Down Volume in the LVN 0.028-0.029 range at 100%, bear momentum is excessively released, and a short squeeze can occur at any time.

【Market Cycle】

At the end of a mid-term downward channel, short-term oversold + slowing capital outflow, exhibiting characteristics of the 'panic-bottoming' phase; if 0.028 does not break, it is expected to enter a consolidation bottoming period.

【Trading Strategy】

• Aggressive: 0.0290±0.0005 LVN pullback, enter when a 5m level engulfing/long lower shadow appears, stop loss at 0.0273 (below HVN), target at 0.0313 (first HVN), risk-reward ratio ≈ 4.6:1.

• Moderate: Wait for volume to return to 0.0313 and hold, re-enter if it does not break on the pullback, stop loss at 0.0300, target at 0.0340, risk-reward ratio ≈ 2.2:1.

• Conservative: Consider going long only if the daily line re-establishes above MA200 (0.0357) and Up Volume > 60%, stop loss at 0.0345, target at 0.0380, risk-reward ratio ≈ 2.4:1.

Risk Warning: If volume breaks below 0.0273, all long logic fails, observe and wait for a new low.

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Thanks: “Silicon-based Liquidity” for providing the foundational large model!

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$PENGU