
PENGU/USDT has tested a strong demand zone three times, forming a higher low that signals growing buyer strength and potential trend reversal. The price is currently testing a long-term descending resistance trendline, with a breakout likely to confirm a shift toward bullish momentum. Fibonacci levels suggest upside targets at $0.015 and $0.020 if the breakout succeeds, while failure to break resistance could see the price return to $0.006. This setup indicates a possible transition from prolonged downside pressure to a more constructive price movement.