PENGU: pretty good breakout. exactly what you want to see a 1-2 days of consolidation and supply starting to get absorbed (low volume) vs. previous days then break. ideal positioning is obviously in the quiet period and you can do that by just running a twap. low risk of slippage

After the break you want to see both active (CVDs) and passive orders walking price up, like below. we are hitting some supply now so likely a bit of consolidation or mini pullback.

@rmendezz__ scalp shorted it a bit here but likely we go higher today. was just a good quick scalp.

@rmendezz__ went parabolic, shorts taken, plunge protection bid. small size. spot still buying and OI on nance still up