PENGU — Sweep the Lows, Fly the Highs

Penguins waddle before they dive, and this chart is doing exactly that. After breaking its downtrend line in early September, PENGU has been carving a new sequence of higher highs and higher lows. But the market never makes it easy — liquidity is stacked just under price, waiting to be swept before the next expansion.

This is not collapse, it’s choreography: sellers lean in, weak hands get trapped, and the reversal play sets up.



HTF Structure (2D)
• Current price ~0.0326
• Broke DT line → HH/HL sequence forming
• Supports: 0.0330 / 0.0320 / 0.0307
• Resistances: 0.0368 / 0.0388 / 0.0410

Orderflow & Derivatives
• Liquidity below: 0.0320 → 0.0314 → 0.0307
• Liquidity above: 0.0368 → 0.0388
• Pullback driven by sell delta, but value still above breakout shelf
• OI stable-to-soft, funding flat, CVD negative = sellers pressing, but no breakdown yet

Trade Idea Map
• Sweep Zone: 0.0322–0.0307 (0.618–0.786 fib)
• Entry concept: 0.0319 on BOS↑ FVG fill or fresh OB body
• Stop: 0.0306
• Targets: 0.0346 → 0.0369 → 0.0388
• R:R potential ≈3.8:1



Rotation Context: NFT/brand midcap play, ecosystem rotation. The core idea: sweep-and-reversal.

Candle Craft | Signal. Structure. Execution.