$PENGU retraces to 0.34, a great buying opportunity is about to emerge

PENGU has recently retraced to $0.34 after a rise. In the short term, it seems under pressure, but from a broader perspective, this is just the process of bulls gathering strength. The trading volume is gradually shrinking, indicating that floating shares have been washed out, and new buying is taking place at low levels. If the volume breaks through the 0.36–0.38 range subsequently, the market is expected to open up upward space again. In conjunction with the year-end target price of $1, the current retracement looks more like a low-risk buying window, and the opportunity is fleeting. $PENGU