I've observed a $PENGU fascinating pattern with $PENGU's market movements. The asset tends to experience significant upward momentum during the Asian market hours, suggesting substantial buying interest from regions such as China, South Korea, and neighboring economies. This consistent surge aligns with the market activity in that part of the world, highlighting a trend driven by Asian liquidity.
However, as the European markets begin their trading sessions, $PENGU often faces downward pressure. The shift in market dynamics during this time seems to signal either profit-taking or lower demand from Western investors compared to their Asian counterparts. This contrasting behavior creates a noticeable cycle of volatility within a single trading day.
Given this recurring trend, the asset is likely to enter a bullish phase in the upcoming hours as the Asian market becomes active once again. Observing these global market patterns can offer valuable insights into short-term price action, making it essential for traders to stay attuned to regional market behaviors for strategic decision-making.$PENGU
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