The inverted head and shoulders pattern on $PENGU is shaping up nicely right now, especially with that multi-timeframe support holding firm. This looks like textbook reversal setup territory. Worth being patient through the next few days—the real move could still be ahead. If it plays out the way I'm tracking it, riding this bounce back up is definitely on my watch list for major trades this year. Timing's everything here, but the structure checks out.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
4
Repost
Share
Comment
0/400
MetaMisery
· 20h ago
Inverted Head and Shoulders? Are you trying to get me to go all-in again? The coins you mentioned last time that way have already laid flat now.
View OriginalReply0
MoonBoi42
· 20h ago
Pengu's current structure is really tight; it looks good on multiple timeframes. Just be patient and wait.
View OriginalReply0
UncleLiquidation
· 20h ago
Pengu, is this move really solid? I'm scared.
View OriginalReply0
ruggedNotShrugged
· 20h ago
Can pengu really rise this time? I don't quite understand.
The inverted head and shoulders pattern on $PENGU is shaping up nicely right now, especially with that multi-timeframe support holding firm. This looks like textbook reversal setup territory. Worth being patient through the next few days—the real move could still be ahead. If it plays out the way I'm tracking it, riding this bounce back up is definitely on my watch list for major trades this year. Timing's everything here, but the structure checks out.