PENGU, commonly known as penguin 🐧, yesterday I checked the market capitalization rankings and surprisingly ranked 53rd, a new face, so I took a look. It turns out to be a meme coin. Although I don't recommend investing in meme coins recently. But looking at the pattern, it just launched.
On the daily chart, the volume is increasing, and there's a slight pullback. The market maker hasn't offloaded their position. In the future, it should continue to rise and challenge the previous high.
You can place an order around 0.003333 on the four-hour chart, with a stop loss at 0.0032100. Relatively speaking, placing an order at 0.028259 is better, but I'm afraid it won't get filled. If it breaks down, well, then you can catch the second support level.
Recently, don't have too much of a mindset towards meme coins. If you make money, it's best to take it and leave. $PENGU