Pengu Coin (PENGU): Looking For 1:3 Risk & Reward Trade

Pengu is hovering near the zone of liquidity, where sellers continue to show pressure. Despite that, our attention is on the bullish CME gap, which we intend to see filled.

As soon as buyers reclaim the zone near $0.0295, we are going to look for further movement towards our buy entry.

From there, we will have a solid trading setup once buyers manage to secure that area — and most likely, the price will move towards the bullish CME gap!

Swallow Academy