PENGU's trend is currently performing quite cleanly, with timeframes showing good structural formations across all cycles. From the chart, the first wave of upward movement has likely concluded at the range top. The overall price movement trajectory is completely consistent with previous predictions, currently hovering near the middle of the range. Notably, trading volume in the consolidation area has nearly reached saturation, with a breakout possible at any time. There are two possible scenarios for subsequent movement: either we wait for another test of the low point before continuing upward, or the price launches an upward move directly from the current level. Both scenarios are worth tracking.