$PENGU is trading near $0.043210, approaching a strong resistance level at $0.043369. A breakout above this resistance could trigger bullish momentum, targeting $0.047012.
However, failure to break this level may lead to a pullback, with support at $0.041830 as the first target and $0.040130 as the second.
Traders should watch for volume confirmation to gauge the strength of the next move.