pengu Technical Analysis and Projections
Technical indicators show bullish momentum: RSI above 70‑80, Bollinger bands expanding, although warning about possible overbought conditions.
After breaking its descending channel, levels around $0.0145‑0.015 were reached as key support. An Elliott wave structure was identified suggesting the possibility of new upward waves, with initial targets between $0.030 and $0.042+, and in very bullish scenarios even reaching up to $0.045 – $0.060.