Pudgy Penguins (PENGU) is exhibiting a cluster of bullish technical indicators across multiple timeframes, suggesting a potential price recovery, despite recent selling pressure from "smart money" wallets. Analyst Ali Martinez highlighted a significant weekly TD Sequential Buy Signal, a reliable exhaustion indicator that historically precedes new upside phases or multi-week relief rallies. Price action supports this, with PENGU defending a key support zone between $0.010 and $0.011, showing diminishing sell pressure and signs of buyer absorption.
On lower timeframes, the setup appears increasingly constructive. Analyst Pick identified a 4-hour bull flag pattern forming between $0.0108 and $0.0122. A breakout above this flag could propel PENGU toward the $0.0135–$0.0140 reaction zone. Furthermore, analyst Richie pointed out a significant bullish divergence on the daily RSI, where price made a lower low near $0.0090 while the RSI printed a higher low, signaling exhaustion in downside momentum.
However, a note of caution comes from on-chain data. Stalkchain reported that PENGU was the most sold token by smart money in a 24-hour period, indicating potential profit-taking or rotation by larger holders. Analysts advise treating this as a risk signal rather than a trend-ending event, common in early reversal phases.
The fundamental backdrop for PENGU includes growing institutional interest. A partnership with Bitso aims to launch PENGU-linked derivatives in Latin America in early 2026, and an ETF proposal was submitted to the SEC in Q3 2025. The long-term roadmap targets a public offering by 2027, contingent on annual revenue exceeding $50 million.
Price predictions suggest that if the bullish structure holds and support is maintained, initial targets lie in the $0.013–$0.015 range, with a breakout potentially pushing toward $0.017–$0.020. As of the report, PENGU is trading at $0.01169, down 3.86% in the last 24 hours, highlighting the ongoing volatility inherent in meme-driven assets.
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