$PENGU has broken out significantly above the upper Bollinger Band, signaling a surge in both volatility and buying pressure. The 20-day simple moving average is currently around $0.00638. The upper band has expanded to approximately $0.01163, and the lower band is near $0.00113. This band expansion, following a period of tight consolidation, suggests that the current bullish momentum may indicate the start of a new trend, rather than a short-term price increase.

Next step:

Entry Zone: $0.01450 (buy dips)

Next Target: $0.01600

Stop-Loss: Below $0.01400 to manage risk