🔍 Brief Analysis $PENGU

🔍 Brief Analysis:
$PENGU


Candle Dragonfly Doji appears → bullish reversal signal.

✅Breakout descending triangle → upward opportunity opens.
✅Price above MA(7) & MA(25) → short-term trend positive.
✅MACD nearly golden cross → upward momentum starting to form.
✅Volume gradually increasing, but still needs confirmation.

🎯 Target Increase:

✅0.0351 (local resistance)
✅0.037–0.038 (Fibo 72% zone)
✅Potential continuation to 0.040+ if momentum is strong

⚠️ Note:

Beware of false breakout if volume is low.

Additional confirmation needed from MACD and the next candle.

✅ Conclusion: PENGU has bullish potential, ideally wait for further confirmation before aggressive entry.
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