PENGU/USDT – Bullish Breakout Ahead
Price is reacting strongly from a key demand zone and has broken out of a bullish wedge. As long as price holds above the breakout zone ($0.005), there is strong potential for a continued move to the upside toward the outlined targets.
🔹 Current Price: $0.0055
🔹 Key Demand Zone: $0.0034 – $0.0046
Price has been in a strong downtrend within a falling wedge pattern.
A bullish breakout from the wedge has occurred with a powerful +30% bullish candle.
This breakout signals a potential trend reversal and the start of an upward movement.
🎯 Potential Price Targets:
TP1: $0.02239
TP2: $0.02959
TP3: $0.03822
🛡 Stop Loss: Close below $0.0040 (invalidates the breakout)
PENGUUSDT trade ideas
#PENGUUSDT - Turns Out, Penguins Are Actually Birds! Hey folks, a few days ago, we did an analysis on 🐧 #PENGUUSDT, wondering whether it would be a bird or a fish. And just so you don’t forget, I’m sharing it again...
#PENGUUSDT.P decided to be a bird, folks! ✨ Buckle up—#PENGUUSDT 🐧 is taking off! 🚀📊💰🔍⚡⏳
Manage your risk, stay in the game! 🎯🔥
Let me know what you think in the comments—let’s discuss!
#AlyAnalysis #TradeSmart #CryptoVision #PENGUUSDT 🐧
#PENGUUSDT.P - Will it fly as a bird or dive as a fish?Hey there, folks! Today, I think I've caught a big fish! 🐟 Well, when I say fish, science calls it a bird 🐦 :) Anyway, the coin we're talking about is #PENGUUSDT.
It looks like our bird-like fish is getting some solid volume support and is about to step into an uptrend. And as you'll see on the chart, the targets are pretty clear. We’re looking at around a 35% rise for our big target.
So, we’ve done our homework. Now, it's up to our bird to fly! 🚀
Catch you in the next analysis!
Manage your risk, stay in the game! 🎯🔥
#AlyAnaliz #TradeSmart #CryptoVision #PENGUUSDT
PENGUUSDT – Blue Box Looks Good, But Be Careful!“Hype alone is NOT a strategy confirmation is everything! Blue box is a potential entry, but fundamentals matter.”
🔥 Key Insights:
✅ Blue Box = Possible Support – But we don’t rush in blindly.
✅ News-Driven Pumps Are Risky – If you haven’t heard, Google "PENGU ETF" and catch up.
✅ Only Trading with Confirmation – CDV, LTF breakouts, volume profile NO exceptions!
💡 The Smart Plan:
If Structure Confirms → Long from Blue Box – We trade levels, not emotions.
If Fake Pump → Stay Away – News pumps dump hard if there’s no real support.
Volume & CDV Must Align – Real buyers must show up, or we pass.
“No confirmation, no trade! We stay smart while others get caught in FOMO.” 🚀🔥🐧
A tiny part of my runners;
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
Pudgy Penguins PENGUPENGU like so many other coins suffered a "recent" price drop -
more of an "artificial" correction along with the crypto alt coin market
Along with other bigger MEME coins like TRUMP , Pudgy Penguins have a change to print a
reversal pattern now at a critical point with the 1day EMA
Like the other mid and smaller cap alts ,PENG is "having" a pullback to a prior support level
and everybody is waiting for the real signal (no more fake ones please) above the 1day EMA
Structural targets on chart made with basic fib tool !
🍀For any help leave a comment
PENGU looking BullishPENGU is looking very good at these levels, PENGUBTC broke the downtrend line, and made a bullish divergence in the RSI on the daily timeframe which could perfectly mean that have found a bottom.
Fundamental Bullish catalyst - Pudgy Penguins has partnered with Mythical Games to develop "Pudgy Party," a AAA mobile game set for launch in 2025. This game, focuses on teamwork and shared rewards, aiming to be a top party game for fans. This expansion into gaming could attract millions of new users, increasing the token's utility and market interest, given the project's existing fanbase and the success of Mythical Games' titles like NFL Rivals.
Pengu community is strong, I like the risk reward here.
PENGU Update: Not looking as good. I was hopeful for a nice rally from here, but PENGU is now looking quite questionable after its failed breakout.
It has room to make it to the next fib level down which is the .786 pocket if it wants to. That is from .005591-.006454.
We could still pivot from this area, but I wanted to post this because I called a long from this area, and now it is looking a lot more grim after we got reversal candle on the 12H, followed by a confirmation candle. That is strong for a new coin that is in a downtrend.
Thank you!
PENGUUSDT.P 1H – Broadening Wedge SetupPENGUUSDT.P on the 1H timeframe seems to be forming a broadening wedge, indicating increased volatility. I'll be scalping within the pattern, targeting short-term moves until the current support level.
Key Levels:
📌 Resistance: Watching for potential rejection at the upper trendline.
📌 Support: Scalping towards the lower trendline.
Risk Management:
⚠️ Trading is risky! There’s no 100% correct setup. Always manage risk properly with stop-losses and position sizing. Never over-leverage.
BUY SPOT SCALPING PENGUSDT SIGNAL🚀 BUY SPOT SCALPING PENGUSDT SIGNAL
📢 Short-term scalping opportunity for PENGUSDT – Cashflow strategy for quick profits!
📌 Strategy & Trade Plan
✔ Scalping Spot Trade with a 1-2 day execution window
✔ Targeting 30-40% profit, depending on market momentum
✔ Signal expires automatically after 2-3 days if the target is not met
📌 Trade Plan
📍 Trade Type: Scalping Spot (Cashflow Strategy)
📍 Entry Point: $0.0109
📍 Target: 40% profit
📍 Hold Time: 2-3 days, after which the signal is automatically invalidated
💡 Key Considerations
📍 Monitor price action closely for the best entry and exit timing
📍 Exit early if momentum weakens before reaching the target
📍 Use stop-loss to protect capital and secure profits
🔥 PENGUSDT is primed for a fast scalping trade – Execute quickly to maximize gains! 🚀
PENGUUSDT Ascending Triangle Breakout Setup | Bybit 1HPENGUUSDT is forming an ascending triangle on the 1H timeframe. If the first resistance (0.01123) breaks, the next target is 0.01233. If it fails to break, I'll close the position to avoid invalidation. Watching for volume confirmation on breakout.
Long PENGU - try to get it to risk freePENGU I think may be ready to go.
It has been accumulating in the .618 pocket for a few days now. It was just freshly listed on Coinbase. The daily RSI has been chilling around 24. This is building a lot of pressure.
Ideally grab it while it is still in the .618 pocket up to .0107 cents. Stop/loss just below the latest swing low.
I would take profits at the 2x green boxes if we can make it there. First TP area is .0148-.0163. Second TP is .0213 - .0265.
We need to break that red downtrend and hold it as support to do any sort of serious movement.
There are of course more upside targets, but the focus for now is getting this to risk-free.
Thank you!
$PENGU’s Price Plummets Despite $150 Million Token BurnThe cryptocurrency market is no stranger to volatility, but the recent plunge of CSECY:PENGU —Pudgy Penguins’ culture coin—has raised eyebrows. Despite a massive token burn of unclaimed Solana airdrop tokens worth over $150 million, CSECY:PENGU has suffered a steep 80% drop from its recent all-time high (ATH) on January 6th, 2025. Now, traders and investors are questioning whether this presents a golden buying opportunity or a warning sign of further declines.
The $150 Million Token Burn
On Wednesday, the Pudgy Penguins team executed a large-scale burn of unclaimed PENGU tokens, amounting to 13.69% of the total supply. Originally, the token claim window was set to last until March 9, but the team expedited the deadline, citing bot activity rather than genuine community engagement.
As a result, over 12 billion CSECY:PENGU tokens were permanently removed from circulation by sending them to the Solana burn address. Traditionally, a supply reduction through burning is seen as a bullish move, as it creates scarcity and reduces sell pressure. However, CSECY:PENGU ’s price has continued to tumble, currently trading at $0.0117, down nearly 8% in the past 24 hours alone.
Despite the price drop, Pudgy Penguins’ parent company, Igloo Inc., is working on strategies to attract institutional interest and increase adoption of both the PENGU token and the Pudgy Penguins NFT collection. However, this push has yet to yield positive price action, as the Ethereum-based Pudgy Penguins NFT floor price has also declined 11% over the past week.
Technical Outlook
From a technical perspective, CSECY:PENGU is showing signs of exhaustion after its steep decline. The token is currently trading within a falling wedge pattern—a classic technical setup that often precedes bullish reversals. Additionally, the Relative Strength Index (RSI) sits at 32, indicating that the asset is in oversold territory. Historically, an RSI this low suggests that a potential bounce could be on the horizon.
Moreover, while the broader trend remains bearish, CSECY:PENGU is hovering above key moving averages, signaling a possible accumulation phase. This suggests that traders looking for a discounted entry point could capitalize on the current price levels before an eventual breakout.
Market Sentiment
While all technical indicators point to bearish momentum in the short term, seasoned traders understand that market cycles often present opportunities amidst fear. The large-scale token burn has removed excess supply, and institutional interest—if successfully attracted—could drive demand in the coming months.
Conclusion
CSECY:PENGU presents a mixed bag. While the massive token burn suggests long-term supply reduction, the immediate impact has not been reflected in price appreciation. The technical setup hints at a potential reversal, but macroeconomic conditions and investor sentiment will ultimately dictate the token’s next move.
For traders, CSECY:PENGU ’s current levels may be an opportunity to accumulate ahead of a possible breakout. However, risk management remains crucial, as further downside remains a possibility. As always, staying informed and monitoring key technical levels will be essential for navigating this volatile market.
Will CSECY:PENGU stage a comeback, or is this just another crypto winter casualty? Only time will tell, but for now, all eyes remain on the charts.
PENGU/DESCENDING CHANNEL BREAKOUT - BULLISH REVERSAL SETUPLet me provide a clear analysis of the PENGU/USDT chart, focusing on the key technical patterns and potential trade setup.
The chart shows a clear downward channel that has been broken, suggesting a potential trend reversal. Price has been consolidating in a demand zone (purple area) around 0.030 - 0.035 USDT, which could serve as a strong support level for future price movement.
Looking at the technical structure:
- Current price: 0.0186 USDT
- Trading volume: 865.81M
- Primary target (TP): 0.04 USDT
The chart displays a classic reversal pattern with a descending channel (gray lines) that has recently been broken to the upside. This breakout suggests strong bullish momentum could be building. The projected price movement (shown in red) indicates a series of higher lows and higher highs forming within an ascending channel.
Key levels to watch:
- Support zone: 0.030-0.035 USDT (purple area)
- Target price: 0.041 USDT
- Current resistance: Trend line at approximately 0.025000 USDT
To the bullish scenario. The breakout from the descending channel combined with the consolidation in the demand zone presents a compelling trading opportunity with a favorable risk-to-reward ratio.
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. 🐋
Critical Levels in Focus: PENGU at 0.02450 Support
BINANCE:PENGUUSDT is currently trading near a significant support level at 0.02450 , which has historically acted as a key zone for price rebounds. This presents a potential buying opportunity for traders watching this level closely.
For those seeking confirmation, waiting for a break and retest of 0.02670 could provide stronger validation for an upward continuation. This would offer added security to the trade setup.
The stop-loss for this trade is placed at 0.02239 , as a price closure below this level would invalidate the bullish scenario and indicate potential downside movement.
The target is positioned at 0.03587 , the nearest strong resistance, providing an attractive risk-reward ratio for this trade idea.
👨🏻💻💭What’s your take on PENGU? Share your perspective in the comments below!
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