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$PENGU : Breakout Retest Under Pressure
PENGU broke above descending resistance and reached near $0.0090, but is now testing the $0.0082–$0.0084 breakout zone.
Key levels: • $0.0082–$0.0084 — support
• $0.0090–$0.0095 — resistance
• $0.0100–$0.0102 — confirmation
Daily short-sale volume has cooled below 1M, while reported short positioning remains above 11M.
The key: holding $0.0082 keeps the breakout structure intact. Losing it weakens the setup.
No prediction — just the levels and positioning worth watching.
#PENGU #PudgyPenguins #Crypto
**Trading plan, short $RDDT
Entry: 153.65
SL: 153.80
TP1: 153.54
TP2: 153.40
RDDT is extremely illiquid (volume 0.81) and completely stable. High slippage risk; enter only on a break below 153.65, with a tight stop above resistance at 153.80.