$PENGU Despite the local bearish trend, I believe that the $IWM correlation with previous cycle rallies is more grounded than the 4 year thesis. TOTAL3 chart on the 3D also rounding out support above the ichimoku cloud, 100EMA, and trend line. All this paired with macro tailwinds and a pro crypto admin.
PENGU showed market leading strength in the last rally from the April tariff lows and betting on that to continue once BTC can reclaim bullish structure on LTF, which I anticipate to emerge this week with a melt up in the S&P above 7K.
Bullish divergence playing out at a logical demand zone w