PENGU current price is around 0.034, go long, target price 0.04 (17.65% increase)

Stop loss set at 0.032 (approximately 5.88% decrease), risk-reward ratio about 1:3,

Position size accounts for 5%-10% of account funds,

Technical support for entry: PENGU recently broke through the 0.032 resistance and formed a bullish pattern (as mentioned earlier, the cup and handle pattern and Fibonacci extension target 0.043-0.045), trading volume is rising, market sentiment is bullish.

From a fundamental perspective, the PENGU community is active, ETF narrative and Solana ecosystem are favorable pushing the price $PENGU