Penguins waddle before they dive, and this chart is doing exactly that. After breaking its downtrend line in early September, PENGU has been carving a new sequence of higher highs and higher lows. But the market never makes it easy — liquidity is stacked just under price, waiting to be swept before the next expansion.
This is not collapse, it’s choreography: sellers lean in, weak hands get trapped, and the reversal play sets up.
HTF Structure (2D)
• Current price ~0.0326
• Broke DT line → HH/HL sequence forming
• Supports: 0.0330 / 0.0320 / 0.0307
• Resistances: 0.0368 / 0.0388 / 0.0410
Orderflow & Derivatives
• Liquidity below: 0.0320 → 0.0314 → 0.0307
• Liquidity above: 0.0368 → 0.0388
• Pullback driven by sell delta, but value still above breakout shelf
• OI stable-to-soft, funding flat, CVD negative = sellers pressing, but no breakdown yet
Trade Idea Map
• Sweep Zone: 0.0322–0.0307 (0.618–0.786 fib)
• Entry concept: 0.0319 on BOS↑ FVG fill or fresh OB body
• Stop: 0.0306
• Targets: 0.0346 → 0.0369 → 0.0388
• R:R potential ≈3.8:1
Rotation Context: NFT/brand midcap play, ecosystem rotation. The core idea: sweep-and-reversal.
Candle Craft | Signal. Structure. Execution.
This is not collapse, it’s choreography: sellers lean in, weak hands get trapped, and the reversal play sets up.
HTF Structure (2D)
• Current price ~0.0326
• Broke DT line → HH/HL sequence forming
• Supports: 0.0330 / 0.0320 / 0.0307
• Resistances: 0.0368 / 0.0388 / 0.0410
Orderflow & Derivatives
• Liquidity below: 0.0320 → 0.0314 → 0.0307
• Liquidity above: 0.0368 → 0.0388
• Pullback driven by sell delta, but value still above breakout shelf
• OI stable-to-soft, funding flat, CVD negative = sellers pressing, but no breakdown yet
Trade Idea Map
• Sweep Zone: 0.0322–0.0307 (0.618–0.786 fib)
• Entry concept: 0.0319 on BOS↑ FVG fill or fresh OB body
• Stop: 0.0306
• Targets: 0.0346 → 0.0369 → 0.0388
• R:R potential ≈3.8:1
Rotation Context: NFT/brand midcap play, ecosystem rotation. The core idea: sweep-and-reversal.
Candle Craft | Signal. Structure. Execution.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.