The analysis focuses on the PENGU/USDT chart, noting the asset is trying to form a low within a support zone between 0.025 and 0.029. It identifies a potential pathway towards 0.07, with Fibonacci extensions converging in that area. The immediate concern is whether the asset can generate a five-wave move upwards, requiring a higher low and a higher high. The analyst requires price needs to hold above 0.029, to prevent analysis invalidation. If price fails to hold above 0.029, then price has a final chance to find support above 0.019, and it is suggested that a drop below this price will result in a new three wave down trend.