Analysis of PENGU's bullish pennant breakout – expected to reach $0.09?
Source: CoinWorld
Time: 2025-09-11 00:10:19
PENGU broke through the bullish pennant pattern, trading at $0.03416, a daily decline of 3.13%. Despite the expected rise to $0.09, futures data show sellers dominate, with open contracts falling 7% to $367 million, longs closed positions at $164,000, and longs closed positions above shorts closed positions. Consolidation is expected before continuing to rise.