$PENGU 4h: I see the price has a chance to CONTINUE FALLING to the area 0.006389 – 0.006264 in the near future, especially if there is no significant buying reaction in the current area.

- The potential rebound will be more valid if there is manipulation below 0.006019 followed by a strong rejection.

- My bias remains bearish as long as the price is below 0.006634 and there is no strong reversal pattern. If the price can reclaim 0.006754 with large volume and a strong bullish candle, the bias could shift back to neutral/bullish.

- Entry is recommended only when there is a clear confirmation signal, for example: pin bar, engulfing, or reversal structure on a lower timeframe at the key levels mentioned earlier.


📝 This is not investment advice, just an educational report from Finora’s technical perspective. Always practice risk management and reconfirm before making trading decisions! 🚦


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April 12, 2026 at 3:22 PM
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