$PENGU : Pump Incoming! 🚀
The daily chart for PENGU is showing a classic setup for a massive move! The price has been consolidating in a clear downtrend channel, which is often a healthy correction before the next leg up.
I'm watching for a strong breakout from this channel. The price has just dipped into a key 30-minute Fair Value Gap (FVG), a zone where we can expect buyers to step in with conviction.
This looks like the perfect spring for a powerful pump. Once the price breaks out of this channel and holds above the FVG, we could see an explosive move to the upside.
Get ready! 📈