{"id":91171,"date":"2025-08-25T19:04:50","date_gmt":"2025-08-25T19:04:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91171"},"modified":"2025-08-25T19:04:50","modified_gmt":"2025-08-25T19:04:50","slug":"pengu-drops-8-daily-but-analyst-sees-200-pump-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91171","title":{"rendered":"PENGU Drops 8% Daily But Analyst Sees 200% Pump Next"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Pudgy Penguins dipped 8% to $0.032 today, yet analysts eye a bullish breakout above $0.036.
\nRising volume signals strong participation, with upside targets stretching toward $0.062, $0.064, and $0.10.
\nSupport rests at $0.0296 and $0.0257 if PENGU fails to break resistance at $0.036.<\/p>\n

Market Performance<\/h2>\n

Pudgy Penguins (PENGU) slipped about 8% over the past day, changing hands near $0.032 with trading volume around $537 million. The pullback follows a strong rally earlier this month, though the token still shows a small weekly gain of 1%.<\/p>\n

Meanwhile, the decline came as the project announced<\/a> its Season 2 campaign, including a $100 million PENGU token giveaway. The move was launched after the project\u2019s market capitalization climbed above $2 billion, underscoring its recent rise in visibility.<\/p>\n

Analyst Ali Martinez said PENGU is close to breaking higher, adding:<\/p>\n

$PENGU<\/a> is inches away from a new leg up \u2014 $0.10 next! pic.twitter.com\/dlk4slbOrS<\/a><\/p>\n

\u2014 Ali (@ali_charts) August 25, 2025<\/a><\/p>\n\n

On the 4-hour chart, price trades just below the 0.786 Fibonacci level at $0.036, the upper boundary of a descending<\/a> channel. A close above this line could open the way toward $0.0466, $0.0643, and $0.0961, matching Martinez\u2019s $0.10 target.<\/p>\n

If the move fails, support is seen near $0.0296 and further down at $0.0257, both retracement zones that have held in previous dips.<\/p>\n

Analyst Views and Momentum<\/h2>\n

CryptoBull_360 described<\/a> PENGU as ready for a breakout, citing a combination of trendline, horizontal, and Point of Control resistance. He pointed to rising volume, often a sign of growing participation, and mapped a possible rally toward $0.062\u2013$0.064, a gain of more than 60% from current levels.<\/p>\n

Short-term momentum indicators lean cautious. The 9-day moving average sits below the 21-day, a bearish crossover that reflects pressure on the trend. The Relative Strength Index (RSI) stands at 46, showing momentum just under neutral levels.<\/p>\n

<\/a>Source: TradingView<\/p>\n

PENGU trades in a narrow band, with bulls looking for a breakout<\/a> above $0.036\u2013$0.037 to trigger the next leg higher. A decisive push with volume could drive the price toward $0.06 and $0.10, while a failure to clear the resistance leaves the token exposed to consolidation near $0.031 or even a retest of $0.028.<\/p>\n

The post PENGU Drops 8% Daily But Analyst Sees 200% Pump Next<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Pudgy Penguins dipped 8% to $0.032 today, yet analysts eye a bullish breakout above $0.036. Rising volume signals strong participation, with upside targets stretching toward $0.062, $0.064, and $0.10. Support rests at $0.0296 and $0.0257 if PENGU fails to break resistance at $0.036. Market Performance Pudgy Penguins (PENGU) slipped about 8% over the past […]<\/p>\n","protected":false},"author":0,"featured_media":91172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-91171","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\/91171"}],"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=91171"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91172"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}