{"id":97092,"date":"2025-09-16T19:16:48","date_gmt":"2025-09-16T19:16:48","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=97092"},"modified":"2025-09-16T19:16:48","modified_gmt":"2025-09-16T19:16:48","slug":"pengu-primed-for-liftoff-bullish-retest-signals-180-move-ahead","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=97092","title":{"rendered":"PENGU Primed for Liftoff? Bullish Retest Signals 180% Move Ahead"},"content":{"rendered":"

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

PENGU forms bullish retest at $0.035, setting the stage for a potential rally toward $0.09.
\nCluster of EMAs and Fib level near $0.03178 offers short-term support for PENGU.
\nVolume profile shows strong buyer interest at $0.032\u2013$0.033, supporting the current consolidation range.<\/p>\n

Price Pullback Tests Key Support<\/h2>\n

PENGU was trading at $0.033 at the time of writing, showing a 24-hour decline of 6% and a 7-day drop of 4%. This pullback follows a breakout from a downward channel that started in late July.<\/p>\n

Meanwhile, the move above the channel resistance happened around mid-September, marking a shift in price direction. Since then, the asset has retreated toward the $0.035 area, which is now being tested as support.<\/p>\n

Ali Martinez noted<\/a> that the current setup \u201clooks like a bullish retest before PENGU resumes a new leg up to $0.09.\u201d The daily chart shows the price holding just under the 0.786 Fibonacci retracement level at $0.0361. This zone between $0.035 and $0.036 is being watched closely. If it holds, traders may look for continued strength toward higher levels.<\/p>\n

<\/a>Source: Ali Martinez\/X<\/p>\n

Notably, Fibonacci extension levels suggest potential upside<\/a> toward $0.0466, $0.0638, and $0.0761, with some traders eyeing a possible run to $0.09. For that to happen, the price needs to stay above current support and begin forming higher lows again. A close above $0.036 may offer early confirmation.<\/p>\n

As we recently reported<\/a>, the pattern seen on the chart is not new. PENGU has shown a tendency to rally, pull back, and then rally again. That rhythm has repeated across recent price cycles. Another upward move could follow if this current retest leads to a bounce. If not, a break below $0.035 could put pressure on the structure and delay any recovery.<\/p>\n

Short-Term Levels and EMA Support<\/h2>\n

Altcoin Sherpa pointed out a key zone on the 4-hour chart. PENGU is trading near several short-term exponential moving averages and the 0.382 Fibonacci retracement level at $0.03178. These moving averages\u201420, 50, 100, and 200\u2014are converging in the same zone, which could act as a short-term support base.<\/p>\n

They commented,<\/p>\n

Would love to see $PENGU<\/a> bounce at this current area. Cluster of 4h emas + .382 fib region. Chop around and then higher imo pic.twitter.com\/a7fnd7OpH5<\/a><\/p>\n

\u2014 Altcoin Sherpa (@AltcoinSherpa) September 15, 2025<\/a><\/p>\n\n

A stable reaction here would support the idea of consolidation before another attempt to move higher. If the area fails, the next level on the chart is around $0.0271, which could act as a secondary support.<\/p>\n

Volume Data Supports Current Range<\/h2>\n

The VPVR (Volume Profile Visible Range) shows a high concentration of trading volume between $0.032 and $0.033, marking this as a high-interest zone. The Point of Control (POC) is also located here, showing that this level has attracted the most volume over the visible time range.<\/p>\n

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

Interestingly, this data supports the idea that buyers<\/a> and sellers are active in this price area. If it continues to hold, the asset may move toward the next resistance zone around $0.037 to $0.039. If that level breaks, traders may look for continuation toward the previous high near $0.046. A breakdown, however, could lead to a move toward the next high-volume area near $0.022 to $0.025.<\/p>\n

The post PENGU Primed for Liftoff? Bullish Retest Signals 180% Move Ahead<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR PENGU forms bullish retest at $0.035, setting the stage for a potential rally toward $0.09. Cluster of EMAs and Fib level near $0.03178 offers short-term support for PENGU. Volume profile shows strong buyer interest at $0.032\u2013$0.033, supporting the current consolidation range. Price Pullback Tests Key Support PENGU was trading at $0.033 at the time […]<\/p>\n","protected":false},"author":0,"featured_media":97093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-97092","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\/97092"}],"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=97092"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/97092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/97093"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}