$PENGU is a light asset sector currency that has been gradually focused on by funds in recent times. Its core highlights are high community participation, moderate circulating market value, and clean market. Although the project itself is narrative-driven, the recent rebound in on-chain activity and increased capital participation have provided sufficient foundation for the outbreak of short-term market conditions.
At the daily level, PENGU has built an effective support area at the lower edge of the previous platform. It has not fallen below the key support level after multiple downward explorations. The trading volume has begun to increase moderately, and the main force has basically completed the accumulation of funds. At the same time, there have been multiple 5-minute-level volume breakthroughs during the session, indicating that short-term buying is active and has the conditions for pulling up.
At present, the price operation has broken through the previous shock box, forming a standard long pattern of breakthrough + retracement confirmation + volume increase. This position is a very important "critical acceleration zone" in the technical structure. Once the volume is confirmed, it will quickly enter the trend market.
The current position does not belong to "guessing the bottom", but "reasonable entry after the trend is established". The short-term target area will refer to the vicinity of the previous high. If funds continue to flow in, further upward exploration space is not ruled out.
Therefore, Brother Yao led the fans of Shequn to enter the market decisively. I will notify you of the specific stop-profit and stop-loss in Shequn as soon as possible. If you are interested, you can follow me🌹🌹
