The analysis focuses on the PENGU/USDT crypto pair, observed on a 4-hour timeframe. The chart is holding within a Fibonacci support zone, showing characteristics of a bull flag. From a swing low in June, the market rallied impulsively. The support zone has held during an AB or 1-2 setup. The speaker plans for the market to move up further, aiming for one more high to complete a C wave. The target is inferred to be around the 138.6% Fibonacci retracement level, leading to an estimated target price of $0.045. The analysis accounts for two scenarios: one with five waves up, the other suggesting a slightly different wave count of 1, 2, 3, 4, and 5. Most coins top in three waves, an ABC structure, making the completion of the C wave likely. The price failing under $0.025 would invalidate the analysis.