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PENGUUSDT
Entry 0.0357 2025-08-23 19:28 UTC
Target 0.1380
Fail 0.0200
Risk / Reward 1 : 7
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PENGUUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analyst discusses a five-legged pattern using Elliot Wave theory on the PENGUUSDT chart. It is identified an impulse wave pattern indicating three upward and two corrective waves. Current price is $0.03525 with an expected target between 0.138 and 0.174 by end of September. Wave 5 is expected to be bigger than wave 1 but not as big as wave 3. Daily RSI is high and MACD is bullish, suggesting potential for continued upward movement. A four to five x move from here. A failure if it moves down from 0.02. End of September is key as a potential topping out point.
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