PENGU/USDT Breakout Power — Start of a New Bullish Wave?
📌 Technical Overview:
The chart of PENGU/USDT on the daily timeframe has just printed a very strong bullish signal. After months of downward movement, the price has successfully broken out from a well-formed Falling Wedge — a classic bullish reversal pattern.
🧠 Pattern Analysis:
📉 Falling Wedge:
The wedge started forming since January 2025, marked by a series of lower highs and lower lows. Price action was squeezed into a narrowing range, indicating weakening bearish pressure.
The breakout in early July came with strong momentum, confirming bullish intent.
🟨 Key Demand Zone (Highlighted Box):
Between 0.0113 – 0.0124 USDT, this area aligns with key Fibonacci retracement levels:
0.5 @ 0.01248
0.618 @ 0.01138
0.786 @ 0.00981
This zone now acts as critical support, offering a possible buy-the-dip opportunity.
📏 Major Resistance Levels (Targets):
TP1: 0.02520 USDT – Minor resistance, first breakout confirmation
TP2: 0.03044 USDT – Structural mid-level resistance
TP3: 0.04316 USDT – Major psychological and structural barrier
TP4: 0.07000 USDT – Former high, potential long-term target
🟢 Bullish Scenario:
Price has cleanly broken above the wedge resistance and is now retesting or consolidating above the prior resistance zone.
As long as the price holds above 0.012 USDT, the bullish structure remains intact.
The ideal bullish path would be:
1. Minor pullback or retest to the yellow box area (demand)
2. Strong rally toward 0.025 USDT, followed by gradual climb toward 0.030 – 0.043 USDT
3. With sustained volume, 0.07 USDT becomes a realistic mid-term target
🔴 Bearish Scenario:
Failure to hold the 0.012 – 0.011 USDT demand zone would trigger a warning sign.
Breakdown below 0.0098 USDT (Fibo 0.786) would invalidate the breakout, and potentially resume the bearish trend.
If this happens, watch for price to revisit lower supports around 0.0075 – 0.0050 USDT
🧩 Volume and Momentum Watch:
The breakout was supported by a clear uptick in volume – a strong confirmation signal.
Keep an eye on RSI and MACD on your platform — if bullish divergence continues, it could fuel a sustained breakout.
💬 Summary:
> “PENGU is no longer hibernating — the breakout from a long-term falling wedge pattern signals the beginning of a new trend. With a confirmed breakout, solid support at Fibonacci levels, and clearly defined targets ahead, PENGU/USDT could be setting up for a powerful bullish leg — but caution remains essential at support levels.”
📣 Join the Momentum Early!
If the bullish scenario plays out, this could be a high-reward setup — but always manage your risk!
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PENGUUSD
Penguins Can’t Fly, But This Chart Might If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
The move off the low looks like a clean, completed impulse wave sharp, decisive, and showing solid structure. After that, we had a double ZZ retracement. While it was a bit deeper than the textbook ideal, it still fits perfectly within the normal range you’d expect for a healthy correction. Now, we’re seeing another smaller-degree impulse forming from the .007 pivot, suggesting that the market is gaining momentum again.
Here’s what we’re watching closely:
The secondary impulse off .007 continues to build structure.
We want to see a pullback after impulse completion that ideally holds above the .011 region, showing the market respects previous support and AOIs.
The structure of this potential pullback needs to be corrective rather than impulsive to confirm bullish continuation.
A clean move above prior swing highs would confirm that the larger wave 3 or C is underway.
Overall, this chart is ticking the boxes for a potential larger upside push if the market respects key levels and continues to print impulsive structure higher.
Trade Safe!
Trade Clarity!
PENGUUSDT - strong signal to buy!PENGU is giving a very strong buy signal on the 3-day timeframe.
The main trend has been bearish for almost a full year, and this is the first time the coin shows a solid signal of a trend reversal — the red trendline has been broken, and the previous high (marked on the chart) has been taken out.
Breaking the trendline with a massive green candle is a strong confirmation for buyers' momentum in this area.
Taking out the high indicates a shift from a downtrend to an uptrend.
It’s crucial that the blue line (the broken high) does not get lost to the downside.
Best regards Ceciliones 🎯
Is now the perfect time to trade Pengu’s 0.040$ gain?Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Pengu , 📚💡
At present, the market is experiencing a period of consolidation, characterized by a range-bound structure and a general downward trend. As such, it is entirely normal for the price to form red candles, particularly as it approaches our critical support level. This behavior aligns with the current market conditions. 📚💡
Once this support is tested and held, we expect the price to reverse course, potentially seeing an upward surge of up to 40%. Such a move would bring the price to approximately $0.040, signaling a strong recovery and growth potential. This scenario suggests a favorable opportunity for those looking to enter the market at these levels. 📚✨
🧨 Our team's main opinion is: 🧨
The market is currently range-bound and slightly bearish, with red candles expected as it approaches key support. Once support holds, we anticipate a potential 40% rise, reaching $0.040.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
Pudgy Penguins Best Level to BUY/HOLD 300%+ gains🔸Hello guys, today let's review 2h price chart for PENGU . Currently locked inside trading range expecting more range bound price action before accumulation completes later and we get another strong bull run.
🔸Ongoing accumulation in progress indicates further gains later this month. currently trading near range highs so no trades recommended at the market price.
🔸Recommended strategy bulls: bullish structure accumulation in progress. Accumulate near 0.025, TP bulls is +300%+ gains, final exit at 10 cents. good luck traders!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
PENGU is a chosen one.PENGU energizes the Pudgy Penguins community by promoting teamwork, encouraging active involvement, and backing creative projects within the ecosystem. It enhances liquidity and streamlines transactions, ensuring the project remains competitive in the bustling blockchain arena.
Conclusion
The introduction of PENGU on Solana represents a pivotal moment for Pudgy Penguins, showcasing its dedication to expansion and innovation. This token acts as a connector between the project and its community, nurturing stronger connections and paving the way for a thriving ecosystem.