PENGU's trend is currently performing quite cleanly, with time frames showing good structural formation across all cycles. From the chart, the first wave of increase has likely concluded at the range top. The overall price movement trajectory fully aligns with previous predictions, currently hovering near the range midpoint. What's worth noting is that trading volume in the consolidation zone has nearly reached saturation, and a breakthrough could occur at any time. There are two possible directions going forward: either we wait for another dip to a lower point for confirmation before continuing upward, or price directly initiates an upward move from the current level. Both rhythms are worth tracking.