Penguusdt Buy opportunity

PENGUUSDT is exhibiting a potential bullish pennant formation, with price making a strong breakout from the consolidation zone.

It recently found resistance near the top of the pennant pole around the $0.0176 level, which aligns with the Immediate Internal Resistance Level (IIRL).

The current plan is to watch for a pullback into the designated buy-back zone, offering a possible re-accumulation opportunity. If the structure holds, the projected pennant target sits around the $0.043 zone, as illustrated on the chart.