Recently, the price performance of Pengu has attracted the attention of many traders. From the four-hour chart, Pengu has broken through the previous adjustment trend and has repeatedly received strong support at the four-hour level of the Vegas channel, which is undoubtedly a positive signal.

Currently, the market is closely watching whether Pengu can break through the upper platform resistance. If the breakthrough is successful, we are likely to see a small-scale price increase. For traders looking to participate, now may be a good time to position themselves.

However, risk management should always be the primary consideration when making any trading decisions. It is recommended to set the stop-loss level below 0.031 to effectively control potential downside risk. As for the take-profit strategy, it may be considered to gradually realize profits when a new high appears on the daily chart.

Overall, Pengu's current technical performance is relatively strong, and there may be good trading opportunities in the short term. However, investors still need to be cautious, closely monitor market trends, and make reasonable investment decisions based on their own risk tolerance.