PENGU is moving inside a bullish rectangle pattern on the 12H timeframe.
The midpoint of the rectangle, along with the 12H EMA200, is currently acting as strong support. A breakout above the rectangle resistance could ignite a bullish rally.
Short-term targets:
๐ฏ $0.017118
๐ฏ $0.019127
๐ฏ $0.021681
Mid-term targets:
๐ฏ $0.023014
๐ฏ $0.024929
๐ฏ $0.028516
โ ๏ธ Use a tight stop-loss.