The analysis identifies a potentially bullish structure on the PENGUUSDT chart, suggesting a possible impulsive wave formation. The third wave peaked in July. A potential low for the fourth wave was established in late September at approximately $0.026. The analysis anticipates a fifth wave upward, targeting $0.065 to $0.08, with a specific focus on the $0.07 area. The current short-term outlook suggests a five-wave advance reaching the 61.8% Fibonacci retracement level, a primary target for wave five, followed by a pullback. A support zone is noted for a 1-2 setup, with an attempt already made but failed. For a 2.7 cent entry, a 2.6 cent level is set for a invalidation point in the bearish side.