$PENGU

Do you want to enter a long or short? Observe the data.

1. Current price → $0.031004.

It comes from a strong drop (you can see the decline from $0.036 to the floor at $0.02945).

Now it is in a kind of sideways movement between $0.0303 and $0.0316.

2. Moving averages

The short EMAs (5, 10, 20) are very close to each other and to the price → this shows indecision, market in a range.

The EMA100 (green) is still quite high ($0.03179), meaning that the larger trend is still bearish.

3. Volume

A decreasing volume can be seen, with no large buying candles → there is still no strong money entry.

4. MACD

Very flat, with no clear bullish or bearish crossover signal.

This confirms the sideways range.

5. RSI

RSI(14) at 52 → neutral.

RSI(6) at 59 → a little above the midpoint, but nothing of overbought/oversold.

📌 Tactical conclusion:

For a short: the good zone would be to wait for it not to break $0.0316–0.0320 (top of the range). There you can enter with low risk aiming to return to $0.0300–0.0295.

For a long: the safest entry would be only if it breaks strongly $0.032 with volume, because only then would it signal that it can go for the EMA100 and then $0.033–0.034.

👉 Right now the price is in the middle of the range, it is not the best point for either long or short. It's like being in the middle of the field: it's better to wait at the upper or lower edge.

Trade at your own risk, use little money in your portfolio, things that won't liquidate you, leave a wide margin, don't try to get rich overnight.