🐧 $PENGU / USDT – Liquidity Grab Before Bounce?
On the lower time frame, $PENGU looks set for a potential short-term reversal.
📉 Scenario:
Price may dip slightly lower to grab liquidity.
Then, a possible push up toward $0.0352 and $0.0358 FVG (Fair Value Gap) zones.
🎯 Watch Levels:
Support / Liquidity Zone: $0.0346 – $0.0348
Target 1: $0.0352
Target 2: $0.0358
Why It Matters:
Structure shows a BOS (Break of Structure) followed by clean FVG targets.
Lower-timeframe liquidity sweeps often precede sharp bounces.
⚠ Risk Note: Wait for confirmation in the reaction zone before entering — avoid chasing the wick.
