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PENGU Technical Analysis: The price is currently forming a double 3D internal column pattern, indicating that the market is highly compressed within this range. In this situation, I focus on a classic trading opportunity—if the price first tests these lows and forms a false breakdown, then quickly recovers and breaks upward, it will trigger a classic internal column false breakout rebound. This is one of my favorite trading setups, often able to push the price back to the high point of this wave. The longer the compression lasts, the stronger the breakout usually is.