TL;DR<\/p>\n
PENGU shows bullish momentum after holding $0.0315, with charts signaling a potential rally toward $0.044.<\/span> Pudgy Penguins (PENGU) is showing signs of a potential bounce after touching a key support zone. On the 12-hour chart, the price reached $0.0315, a level that has seen strong trading activity in the past. Crypto analyst Ali Martinez noted that this area is an essential base for buyers.<\/span><\/p>\n $PENGU<\/a> has hit a key support level at $0.0315, backed by strong volume profile demand. With the TD Sequential flashing a buy signal, a sustained move above $0.036 could ignite a rebound toward $0.044! pic.twitter.com\/MPyodQzrGd<\/a><\/p>\n \u2014 Ali (@ali_charts) August 3, 2025<\/a><\/p>\n\n Meanwhile, the TD Sequential indicator triggered a \u201cBuy 9\u201d signal. This pattern often appears near the end of a downward phase. The first level traders are watching is $0.036.\u00a0<\/span><\/p>\n If the asset moves above it and holds, the next target sits near $0.044. If $0.0315 fails to hold, the next support area could appear near $0.0275.<\/span><\/p>\n PENGU<\/span><\/a> trades at $0.036 with a 24-hour volume of over $635 million. The token is up 4% over the past 24 hours but remains down 17% for the week. This shows that while the short-term trend is turning up, the broader pullback has not fully reversed.<\/span><\/p>\n On the 4-hour chart, the Supertrend indicator (10,3) is red at $0.03838. This level acts as short-term resistance. A close above it would signal that the market is ready for a stronger recovery. The Relative Strength Index (RSI) sits near 53, which indicates improving buying pressure while still leaving room before overbought levels.<\/span><\/p>\n <\/a>Source: TradingView<\/p>\n A 4-hour chart shared by CryptoBull_360 <\/span>shows<\/span><\/a> a broadening wedge pattern. The asset recently pushed above horizontal resistance around $0.036\u2013$0.037 with rising volume. This breakout points to an upside move toward $0.046, which is about 26% above the breakout area.<\/span><\/p>\n The former resistance zone has now turned into support. As long as PENGU holds above $0.036, short-term conditions remain favorable. Continued strength in Ethereum could also help maintain momentum for this token.<\/span><\/p>\n Ali\u2019s analysis points to a possible upward move if the $0.036 level holds. CryptoBull_360 expects short-term bullish action supported by volume growth. Analyst K A L E O <\/span>shared<\/span><\/a> a long-term projection of $4.2069, though this remains speculative.<\/span><\/p>\n The post PENGU Eyes $0.044 After Holding Key Support Zone<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" TL;DR PENGU shows bullish momentum after holding $0.0315, with charts signaling a potential rally toward $0.044. Supertrend resistance near $0.03838 and RSI 53 suggest room for continued upward movement if volume supports. Broadening wedge breakout and $0.036 support flip point to a favorable short-term bullish setup. Key Support and Buy Signal Pudgy Penguins (PENGU) is […]<\/p>\n","protected":false},"author":0,"featured_media":86126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86125"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=86125"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/86126"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nSupertrend resistance near $0.03838 and RSI 53 suggest room for continued upward movement if volume supports.<\/span>
\nBroadening wedge breakout and $0.036 support flip point to a favorable short-term bullish setup.<\/span><\/p>\nKey Support and Buy Signal<\/h2>\n
Price and Market Behavior<\/h2>\n
Breakout Pattern and Short-Term Setup<\/h2>\n
Analyst Views<\/h2>\n
![<\/a>Source: TradingView<\/p>\nBreakout Pattern and Short-Term Setup<\/h2>\nA 4-hour chart shared by CryptoBull_360 <\/span>shows<\/span><\/a> a broadening wedge pattern. The asset recently pushed above horizontal resistance around $0.036\u2013$0.037 with rising volume. This breakout points to an upside move toward $0.046, which is about 26% above the breakout area.<\/span><\/p>\nThe former resistance zone has now turned into support. As long as PENGU holds above $0.036, short-term conditions remain favorable. Continued strength in Ethereum could also help maintain momentum for this token.<\/span><\/p>\nAnalyst Views<\/h2>\nAli\u2019s analysis points to a possible upward move if the $0.036 level holds. CryptoBull_360 expects short-term bullish action supported by volume growth. Analyst K A L E O <\/span>shared<\/span><\/a> a long-term projection of $4.2069, though this remains speculative.<\/span><\/p>\nThe post PENGU Eyes $0.044 After Holding Key Support Zone<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"TL;DR PENGU shows bullish momentum after holding $0.0315, with charts signaling a potential rally toward $0.044. Supertrend resistance near $0.03838 and RSI 53 suggest room for continued upward movement if volume supports. Broadening wedge breakout and $0.036 support flip point to a favorable short-term bullish setup. Key Support and Buy Signal Pudgy Penguins (PENGU) is […]<\/p>\n","protected":false},"author":0,"featured_media":86126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86125"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=86125"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/86126"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/PENGUUSDT_2025-08-04_12-11-24.png\"){kind=link}