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.

It looks like it's an accumulation period now. This accumulation phase is usually followed by growth, in which demand exceeds supply. It is not an investment recommendation😉

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