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https://warpcast.com/~/channel/cryptofamily
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evan π©
@evaniko
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?
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Lizπ¦π©πΏπ π
@lizawetka
and what's the purpose of it? 39 $DEGEN
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evan π©
@evaniko
It looks like it's an accumulation period now. This accumulation phase is usually followed by growth, in which demand exceeds supply. It is not an investment recommendationπ
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$DEGEN Tip Bot
@degentipbot.eth
β 39 tipped β 1 remaining 39 / 40 (98%) π§π§π§π§π§π§π§π§π§π§
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