This is a technical analysis for PENGU/USDT. The analysis identifies two potential scenarios: a bullish yellow scenario leading to five waves up, and a less bullish white scenario with only three waves up. Both scenarios suggest the potential for higher prices, targeting 0.06 to 0.07444. A crucial support zone lies between 0.02534 and 0.035, and a break above the yellow trendline could signal a move towards 0.06. The analysis suggests that wave four is potentially complete, but the current upside reversal isn't very promising. The key is holding the swing low from August 20th, around 0.0287, to maintain focus on higher prices. A break below this level could shift the focus to the 0.02534 level as the next support.