cryptofamily

Recently, there have been signs that the PENGU token has bottomed out. Open interest in its futures has dropped from an all-time high of over $266 million to $80 million. Historically, strong rebounds occur precisely against the background of such a significant decrease in the indicator.
This month, the token also failed to rise above the resistance level of $0.01130. This consolidation may be a sign that the bulls are accumulating positions. This accumulation phase is usually followed by growth, in which demand exceeds supply. 
Will see what dynamics will be further. 
Do you have PENGU tokens?

Always in the process of learning. I like to travel and meet interesting people.

Yes, I’m holding. Curious to see how the price will behave after this consolidation!
111 $degen

✅ 111 tipped ∙ 182 remaining

111 / 293 (38%)
🟩🟩🟩🟩⬜⬜⬜⬜⬜⬜

Pearls are my element, cryptocurrency is a fascinating hobby, english hasn’t surrendered to me, so a translator helps here)