PENGU's recent trend is quite interesting. After this wave of market movement, all short-term moving averages have risen above to form a solid support level, and the bullish framework has basically been established.



From the technical indicators, RSI has jumped directly from 68 and is now around 80, while the J value has even reached 102. This kind of high-level stagnation often indicates that the main force has a clear intention here. At the same time, MACD has experienced two golden crosses above the zero line, which means the upward momentum is not actually weakening.

From the current position, the bullish signals are still quite clear. However, how to operate specifically still depends on your risk tolerance and holding plan. There is indeed a momentum for a breakout in the short term, but any market can fluctuate, so it's always wise to stay cautious.
PENGU-0,43%
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zkNoobvip
· 19h ago
When did you guys buy? I feel like PENGU is a bit aggressive this time --- RSI hit 80? J value directly at 102? This damping is a bit excessive --- The main force is really building a wall, the bullish framework is very solid, but I still hesitate to chase --- MACD golden cross twice sounds good, just not sure how long it can last --- The short-term momentum is there, but the key is whether it can hold this support level --- Such damping at a high level is indeed a bit uncomfortable, I still won't move recklessly without clear signals --- No matter how good the explanation, it still depends on whether it can break through later, otherwise it's just a fake-out --- The bullish framework is fine, but I'm worried about a sudden reversal, better to be cautious --- If PENGU can break through this wave, it will really take off, but now entering is a bit of a gamble --- Such severe damping usually isn't a good sign, better to stay alert and cautious
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SillyWhalevip
· 01-11 11:04
Forget it, I'll wait for it to pull back before jumping in. I'm afraid of chasing high and getting caught.
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MEVHuntervip
· 01-11 00:04
ngl, the RSI at 80 screaming into the void while J's already bouncing off 102... that's not bullish sentiment, that's a setup waiting to sandwich retail. main liquidity pools are probably already positioned to frontrun any real breakout here. MACD gold crosses mean nothing if the mempool's already toxic af. classic whale bait pattern tbh.
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TestnetNomadvip
· 01-09 17:56
Really? The RSI has already hit 80. Is this the main force really having a plan or are they just going to dump again? --- The MACD has crossed over twice, which is interesting, but I'm still a bit hesitant because of the high-level stagnation. --- The bullish framework is set up, now it depends on whether we can really break through. --- Hey bro, your analysis is quite detailed. The problem is, how should I operate? --- Always cautious, I just want to know if I can really get in. --- J value of 102 still requires me to maintain risk awareness, which is a bit difficult. --- Solid support levels are there, but if it fluctuates repeatedly, won't I still have to cut losses? --- I've heard many times that there's short-term momentum, but the key is how many days it can last.
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PuzzledScholarvip
· 01-09 17:56
I've heard the term "high-level passivation" many times, but the outcome still depends on the market maker’s mood. Wait, is the MACD double golden cross real? Why didn't I notice it? RSI reaching 80, is it going to crash? I'm just worried it's a trap set by the big players. This wave of market fluctuations has been too many, I'm already exhausted. I might as well just hold steady. The moving average support is indeed solid, but I really want to know if anyone has actually made money.
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MissedAirdropAgainvip
· 01-09 17:54
This wave of PENGU's momentum is indeed strong, but the RSI has already hit 80. The idea of being "dull at high levels" has been heard quite a bit. Next time, please don't just give me empty promises.
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ILCollectorvip
· 01-09 17:49
This PENGU's technical analysis indeed looks comfortable, but I'm still afraid of getting cut... --- RSI has already reached 80, is this really just a trap to lure more buyers? --- Moving averages are stable, golden cross appears... it seems fine, but I'm worried the main force is just digging a pit again --- The high-level stagnation suggests the main force has an intention, but the question is whether their intention is to pump or dump --- The bullish signals are clear, but my wallet isn't clear about that --- Here comes another round, I'll try a small position first to test the waters --- Can this breakout hold? I said the same last time and the result was... --- I don't know if I can't understand the market or if the market is deceiving me
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Layer2Observervip
· 01-09 17:42
Regarding high-level passivation, I have to be cautious. Running the J value to 102 can indeed be exciting, but this often fails on altcoins and needs clarification — good data doesn't necessarily mean the main players have genuine intentions. I agree with the RSI pushing upward, but the logic of two golden crosses on the MACD needs to be checked with trading volume; otherwise, it could be a classic false breakout. However, an interesting discovery is that if the moving averages are really so solid, it might actually indicate that a bottom consensus has already formed. The key is whether it can hold steady.
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HashRatePhilosophervip
· 01-09 17:42
Bro, I have to say, with RSI hitting 80 and J value soaring to 102, that's really intense.
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FlashLoanPrincevip
· 01-09 17:34
Oh no, RSI has already hit 80. The big players are really buying, it's not just me optimistic about this.
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