I’ve analyzed
$PENGU closely, and this chart is starting to look very interesting again....
The big pump we saw earlier was not random.....
It was a strong impulse move, and after that, price did what it usually does it corrected and cooled down.
The important thing right now is support. PENGU is not breaking down from this level. Price keeps holding the same area, and sellers are failing to push it lower. That’s usually a sign of accumulation, not weakness.
Many of you are asking when we will buy PENGU and whether it can go back toward $3. The answer depends on structure, and the structure is improving. As long as PENGU holds this support zone and starts building higher lows, the upside remains open.
If momentum starts to return, the first major recovery zone sits around $0.30–$0.40. A clean break and hold above that can open the path toward the previous highs, and if the cycle fully repeats, higher expansion targets come back into play over time.
This is not a FOMO moment. This is a patience moment. Watch how price behaves at support, let the market show its hand, and then act smartly. PENGU is holding strength where it matters — now we wait for confirmation.
#pengu $PENGU