Pengu narxiPENGU

$PENGU this is would be bullish

$PENGU was the first token I traded when I joined Bitget Onchain Trading Competition and that’s what pulled me in. I used to think trading competitions were only for whales or bot traders, but I gave myself five days to test it out with just my phone and a bit of USDT. No fancy setup, no pressure. The interface was smooth, the rules were simple, and I didn’t even need to connect a Web3 wallet. I also discovered $BONK and a few other tokens along the way, which kept things interesting. If you’re already stacking $BGB this bull run, this is a great way to turn casual trades into rewards without overthinking it.

📈 $PENGU Activity Spikes: What’s Driving the Buzz? Pudgy Penguins is drawing attention across both technical charts and on-chain data. Crypto analyst Ali Martinez outlined several signals suggesting the token may be preparing for a move. The current price stands at $0.022 at press time, reflecting a 5% gain over the last 24 hours. Trading volume reached $223 million during the same period. While the token saw a small dip over the past week, broader activity around the asset shows signs of renewed momentum. 🔸 Technical Setup Points to Breakout Zone The chart shows PENGU forming a cup-and-handle pattern -commonly seen ahead of upward price moves. The base support around $0.0174 has held firm, and the price has been slowly climbing from that area. A key resistance level sits at $0.045. If the asset moves beyond this level, it could open the way for targets near $0.08, $0.114, and possibly $0.185, based on past Fibonacci-based projections. Meanwhile, the team behind PENGU has recently announced partnerships with DreamWorks’ Kung Fu Panda and Invariant, a Washington-based policy firm. The project has also been mentioned by Jefferies, one of the largest investment banks, in its broader coverage of digital assets. In addition, the brand is expanding. Over 1 million Pudgy Penguin toys have been sold globally. The mobile game Pudgy Party has surpassed 900,000 downloads. The brand was also seen at a film awards event in South Korea, and an ETF application is currently under review. 🔸 Indicators Show a Shift in Momentum On the daily chart, Bollinger Bands have tightened, showing lower volatility. This setup often comes before a price move. PENGU recently bounced off the lower band around $0.01708 and is now trading near the 20-day average at $0.023. For momentum to build, the price would need to challenge the upper band near $0.029. MACD data also turned positive. A bullish crossover has occurred, with the MACD line crossing above the signal line. The histogram is now green, a common early sign that momentum may be shifting. #PENGU

PENGU coded

$PENGU NGU Market Cap: $1.32B | 75% Bullish (367.5K votes) On the 1H timeframe, $PENGU shows a pending short setup under SC02. The entry zone aligns with a low-volume node (LVN), suggesting limited resistance. The structure remains in a downtrend, currently in its 90th cycle, with a projected decline amplitude of 16.5%. Stop-loss is estimated around 3.35%, keeping risk defined while momentum points toward continued short-term weakness.