PENGU is forming a symmetrical triangle on the 4H chart, and price is getting close to the apex.It’s currently holding above the support trendline and the 200 EMA a key zone to watch.
A breakout above the triangle could push the price toward the $0.022–$0.023 range.
I’m watching closely. If it breaks out with strong volume, it could be a solid setup.
Use a tight stop-loss and manage your risk properly.
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