Trend Structure: PENGU has formed a rounded bottom pattern, indicating a bullish reversal.
Fibonacci Levels: Recently tested the 0.382 Fib level at $0.017; a breakout above this could target $0.0199 next.
RSI Divergence: Bearish divergence on the 4H chart suggests a potential short-term pullback.
Support Zone: Key support lies at $0.0130; a break below may lead to a deeper correction towards $0.0094.
Spot Entry: Accumulation between $0.0135 – $0.0150 could be favorable.
Short-Term Target: $0.0199
Mid-Term Target: $0.025 – $0.030
Stop-Loss: Consider setting a stop-loss below $0.0120 to manage risk.