$PENGU USDT Preparing for Liquidity Reversal
PENGU is trading deep in discount on HTF, compressing near range lows after a prolonged downtrend. Structure remains weak overall, but this positioning often builds a base for a liquidity-driven reversal if buyers step in.
We’re seeing repeated internal sweeps around the 0.0070 zone, suggesting liquidity is being engineered below the range. However, there’s still no clear displacement — meaning smart money hasn’t fully committed yet. A clean sweep of sell-side liquidity followed by a strong reclaim is the key trigger.
RSI MA is flat and hovering near mid-range, while volume and delta remain relatively muted, confirming low momentum and ongoing accumulation behavior.
From chart context, immediate support sits around 0.0066–0.0070, while resistance is stacked near 0.0077 and 0.0081. A reclaim above range highs could open continuation, but failure to hold support may trigger deeper liquidity sweep first.
Analysis by Leo524.
#PENGU #PENGUUSDT #Crypto #Leo524
