$PENGU Pudgy Penguins has performed its highest ever Weekly Close, doing so above its final major Weekly resistance (blue) Retesting the $0.04 old resistance (blue) into new support would confirm a successful post-breakout retest While the positioning is favourable, there are mounting Bearish Divergences on the Daily that PENGU will need to soon invalidate for stronger bull bias #BTC #PENGU #Bitcoin

Rekt Capital
@rektcapital
07-25
$PENGU
Pudgy Penguins has officially rallied over +160% since first featured in the Rekt Capital Newsletter
PENGU has successfully travelled across the entirety of its Range, revisiting the Range High resistance
https://newsletter.rektcapital.co/altcoin-newsletter-233/…
#BTC #PENGU #Bitcoin


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