🚨 $PENGU Correction Incoming? 🚨
⚡ After a strong breakout, $PENGU appears to have hit a
local top — rejecting from its ATH, a key resistance level
📊 Both Elliott and Fibonacci retracement are aligning well here.
🎯 We're likely entering Wave 2 of the structure, and I’m watching for a pullback towards the $0.025 zone.
💥 With a broader market correction on the horizon, this level could present a solid accumulation range before the potential Wave 3 leg to the upside.