Technical analysis by OrganicJoe about Symbol PENGU: Buy recommendation (11/3/2025)

PENGU continuation downwards as loosing earlier fib levels and support. Coming to premium fib levels and lowest of all premium fib zones of 0.786-0.886. This might be several week play as I don't believe V-shape recovery on this one. Don't see any of that in the past chart. What is always more probable in crypto is V-shape dump from the highs. 😁 Near 0.886 fib level we have a nice weekly SR-flip support zone formed from multiple weekly open levels. There is a hefty 30% gap between fib levels so there will be amazing smaller swing trade possibilities available when things turn. I'm looking for 2-5X leverage plays at the zone which can turn into 60-150% profits with just ranging motion. That is huge.