$PENGU This new token, as far as I can see, is accumulating within the range I have shown with the grey box.

In case of a break of the green box below, the decline may deepen, and in case it is permanent with candle body closings above the red box above, the targets I have given above may be expected.

Since it is a new parity, accumulation may continue for a while. PO3 formations may occur when both the lower and upper limits of the range are wicked and the candle body closes within the range again (as seen on December 20 on the left), and movements towards the middle of the range and then the exact opposite edge may be expected.

This may also offer opportunities for two-way trade during the accumulation period.