I’ve analyzed $PENGU carefully, and the structure looks very similar to past bullish setups.....

$PENGU Price has already made a strong move to the upside before, followed by a deep correction. Now it is holding firmly above a key support zone.

The most important thing to notice is that PENGU is not moving down from support.

Selling pressure looks exhausted, and price is stabilizing instead of breaking lower. This usually happens before a new upside move starts.

As long as this support holds, the probability favors a push back toward the previous high zone and potentially higher.

Spot plan

Entry zone: 0.0115 – 0.0125

Bullish above: 0.0130

Targets

TP1: 0.020

TP2: 0.030

TP3: 0.040+

My approach is simple accumulating PENGU in spot and staying patient....

No need to rush or overtrade. If momentum returns, this kind of structure can move fast.