$PENGU /USDT

The Essentials of the Moment:

Current price: approximately $0.032 (–3.3% in the last 24 h). The intraday range fluctuates between $0.031 and $0.035, with a market capitalization exceeding $2 billion.

Technical structure in formation: The token is consolidating within a symmetrical triangle, a pattern that often precedes explosive movements. If it breaks upward, the projected target approaches $0.07.

Monthly technical outlook firmly bullish: According to analysis from Investing.com, on a monthly basis it shows "Strong Buy" signals: 6 buy indicators, only 1 neutral, and no sell; moving averages also point to an upward trend.

Critical Scenarios

Scenario Key Condition Technical Objectives

Bullish Maintain close above $0.033–$0.034 Short: $0.04 → Medium: $0.05 → Extended: $0.07+

Neutral Consolidate between $0.031–$0.033 Technical accumulation in a stable zone

Bearish Drop below $0.031 Risk of retracement towards ~$0.028

Express Recommendation

Buy if PENGU manages to close sustained above $0.033–$0.034, aiming for a rally towards $0.07.

Wait if it corrects towards $0.031–$0.032, ideal for re-entry from technical support.

Flash Summary

Current price: ~$0.032, with technical consolidation in its symmetrical triangle.

Potential for bullish breakout: breakout could push towards $0.07.

Key support: ~$0.031; immediate resistance at ~$0.033.

Current technical momentum: monthly "Strong Buy" supports it.