Pudgy Penguins PENGU price analysis Looks like they are trying to "resurrect" the #Pengu price
Looking at the trading volumes, we can say that there is still a little time before the peak of this pump.
And accordingly, there is a chance that the OKX:PENGUUSDT price will be able to rise even higher to one of the following levels shown on the chart.
⁉️ Are you going to sell your #PENGU now, or will waiting for ATH update?
PENGU
PENGUUSDT - strong signal to buy!PENGU is giving a very strong buy signal on the 3-day timeframe.
The main trend has been bearish for almost a full year, and this is the first time the coin shows a solid signal of a trend reversal — the red trendline has been broken, and the previous high (marked on the chart) has been taken out.
Breaking the trendline with a massive green candle is a strong confirmation for buyers' momentum in this area.
Taking out the high indicates a shift from a downtrend to an uptrend.
It’s crucial that the blue line (the broken high) does not get lost to the downside.
Best regards Ceciliones 🎯
Testing Red Resistance Zone🚨 CSECY:PENGU Testing Red Resistance Zone 🚨
CSECY:PENGU is currently testing a significant red resistance zone. A breakout above this level could signal a bullish move, with the first target at the green line level.
📈 Technical Overview:
Resistance Zone: Red area currently being tested.
🎯 Breakout Target: Green line level upon confirmation.
Breaking: $PENGU Spike 33% Today Gearing For Another Leg UpThe price of Pudgy Penguins ( CSECY:PENGU ) a solana based NFT platform similar to Magic Eden saw notable uptick of 33% today, reclaiming $600 million market amidst breaking out of prolong oversold levels.
About
PENGU is the official coin of Pudgy Penguins.
Pudgy Penguins has become the face of crypto with one of the most influential communities in the industry. From large companies wearing the Penguin, to being featured in ETF commercials, to garnering millions of followers and over 50 billion views, the Pengu has become a cultural icon.
Technical Outlook
Since listing, CSECY:PENGU has seen a notable uptick of +2,000% before sharply consolidating losing about 94% of market value. Present market metrics hints at a possible move to the $0.0266 resistant point and a break above the ceiling of that pivot would spark a move to the ATH recorded.
With the RSI at 73, CSECY:PENGU is looking to capitalize on the dip and make a comeback, with all present metrics hinting at a bullish reversal to the ATH territory.
Pudgy Penguins Price Data
The Pudgy Penguins price today is $0.008763 USD with a 24-hour trading volume of $379,038,248 USD. Pudgy Penguins is up 31.78% in the last 24 hours. The current CoinMarketCap ranking is #107, with a market cap of $550,838,659 USD. It has a circulating supply of 62,860,396,090 PENGU coins.
The opportunity to earn money on the vib exit pumpIn the coming days, against the background of the beginning pullback in the market, oversold coins from the delisting announcement may become very interesting for speculators, since for strong altcoins that have shown good growth this month, the probability of falling within the rollback prevails, and the threat of assigning the monitoring tag in the second half of the week hangs over weak coins. Today, there was not enough volatility in the market for the breakdown of vib wing and pda due to the lack of futures on them. After the stock market closes over the weekend, there is a possibility of a stable payback of these instruments with major breakouts. There is also a possibility of growth impulses at the beginning of the new week, especially from Tuesday evening to Wednesday, as part of a pullback on the current monthly candle, and on May 1st, a new monthly candle. Against the background of the beginning of the sales period, there is a possibility of disruptions tonight and from Sunday to Tuesday. Vib is in an extremely oversold position, and therefore a slight additional drawdown is possible. If the price approaches 0.01, there will be a good opportunity to buy, which will bring up to 150% profit even with weak dynamics and a retest of 0.025. An additional drawdown of up to 0.5 is possible for wing, and up to 0.00600-750 for pda. With sufficient volatility, there is a chance of growth up to 0.050-75 for vib, 2.5-3.5 for wing and 0.021-25 for pda.
Working with coins from the delisting announcement is extremely dangerous due to high volatility, but it can be extremely profitable, which we observed during the pumps of the previous delisting and the example of alpaca.
In the second half of the week, after assigning the monitoring tag, I will select coins without the tag that are insured against delisting.
The end of seasonal growth, reducing work positionsThe seasonal growth cycle is ending this week. For most of the market, the sales cycle begins on Sunday. In the new week, we can still expect pumps for the turn of the month for individual coins. From Sunday to Tuesday, the probability of a market drawdown prevails as part of a pullback on the current weekly candle and shadow rendering for the new week. For coins that have already attempted to turn the month around, the probability of stable sales until the end of May already prevails from this week. From Tuesday to May 7-9 or 11-12, there will still be a flat period, when, with a general market pullback, individual coins may show growth, then the probability of a return of ether to 1500-1600 prevails, with a possible reversal and drawdown of the altcoin market. Today and tomorrow, I recommend reducing positions on coins, especially those that have shown good growth, in order to avoid drawdowns in the new month.
In the first half of the new week, growth impulses for coins that have not yet attempted to turn the current monthly candle into a bullish one are more likely. In particular, pumping is possible using vib wing and pda, which are awaiting delisting. For coins without the monitoring tag, it is better to make further purchases after the announcement of the tag assignment in the new week, because after the rollback from Sunday to Tuesday, coins can lose up to 50% additionally in the second half of the week if the tag is assigned. I will collect the list of coins for work in May after the announcement of the tag assignment.
PENGUUSDT – Blue Box Looks Good, But Be Careful!“Hype alone is NOT a strategy confirmation is everything! Blue box is a potential entry, but fundamentals matter.”
🔥 Key Insights:
✅ Blue Box = Possible Support – But we don’t rush in blindly.
✅ News-Driven Pumps Are Risky – If you haven’t heard, Google "PENGU ETF" and catch up.
✅ Only Trading with Confirmation – CDV, LTF breakouts, volume profile NO exceptions!
💡 The Smart Plan:
If Structure Confirms → Long from Blue Box – We trade levels, not emotions.
If Fake Pump → Stay Away – News pumps dump hard if there’s no real support.
Volume & CDV Must Align – Real buyers must show up, or we pass.
“No confirmation, no trade! We stay smart while others get caught in FOMO.” 🚀🔥🐧
A tiny part of my runners;
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
PENGU looking BullishPENGU is looking very good at these levels, PENGUBTC broke the downtrend line, and made a bullish divergence in the RSI on the daily timeframe which could perfectly mean that have found a bottom.
Fundamental Bullish catalyst - Pudgy Penguins has partnered with Mythical Games to develop "Pudgy Party," a AAA mobile game set for launch in 2025. This game, focuses on teamwork and shared rewards, aiming to be a top party game for fans. This expansion into gaming could attract millions of new users, increasing the token's utility and market interest, given the project's existing fanbase and the success of Mythical Games' titles like NFL Rivals.
Pengu community is strong, I like the risk reward here.
PENGU | POPCAT | Meme Coins & The PROBLEM with ALTSPENGU has recently started trading on Coinbase (13 Feb) and many are waiting in anticipation for "the coinbase effect".
If you didn't already get into POPCAT, you may still have a chance on PENGU - but understand that the risk is EXTREMELY high with altcoins of late, especially meme coins:
________________
COINBASE:PENGUUSDC.P
BYBIT:POPCATUSDT.P
$PENGU’s Price Plummets Despite $150 Million Token BurnThe cryptocurrency market is no stranger to volatility, but the recent plunge of CSECY:PENGU —Pudgy Penguins’ culture coin—has raised eyebrows. Despite a massive token burn of unclaimed Solana airdrop tokens worth over $150 million, CSECY:PENGU has suffered a steep 80% drop from its recent all-time high (ATH) on January 6th, 2025. Now, traders and investors are questioning whether this presents a golden buying opportunity or a warning sign of further declines.
The $150 Million Token Burn
On Wednesday, the Pudgy Penguins team executed a large-scale burn of unclaimed PENGU tokens, amounting to 13.69% of the total supply. Originally, the token claim window was set to last until March 9, but the team expedited the deadline, citing bot activity rather than genuine community engagement.
As a result, over 12 billion CSECY:PENGU tokens were permanently removed from circulation by sending them to the Solana burn address. Traditionally, a supply reduction through burning is seen as a bullish move, as it creates scarcity and reduces sell pressure. However, CSECY:PENGU ’s price has continued to tumble, currently trading at $0.0117, down nearly 8% in the past 24 hours alone.
Despite the price drop, Pudgy Penguins’ parent company, Igloo Inc., is working on strategies to attract institutional interest and increase adoption of both the PENGU token and the Pudgy Penguins NFT collection. However, this push has yet to yield positive price action, as the Ethereum-based Pudgy Penguins NFT floor price has also declined 11% over the past week.
Technical Outlook
From a technical perspective, CSECY:PENGU is showing signs of exhaustion after its steep decline. The token is currently trading within a falling wedge pattern—a classic technical setup that often precedes bullish reversals. Additionally, the Relative Strength Index (RSI) sits at 32, indicating that the asset is in oversold territory. Historically, an RSI this low suggests that a potential bounce could be on the horizon.
Moreover, while the broader trend remains bearish, CSECY:PENGU is hovering above key moving averages, signaling a possible accumulation phase. This suggests that traders looking for a discounted entry point could capitalize on the current price levels before an eventual breakout.
Market Sentiment
While all technical indicators point to bearish momentum in the short term, seasoned traders understand that market cycles often present opportunities amidst fear. The large-scale token burn has removed excess supply, and institutional interest—if successfully attracted—could drive demand in the coming months.
Conclusion
CSECY:PENGU presents a mixed bag. While the massive token burn suggests long-term supply reduction, the immediate impact has not been reflected in price appreciation. The technical setup hints at a potential reversal, but macroeconomic conditions and investor sentiment will ultimately dictate the token’s next move.
For traders, CSECY:PENGU ’s current levels may be an opportunity to accumulate ahead of a possible breakout. However, risk management remains crucial, as further downside remains a possibility. As always, staying informed and monitoring key technical levels will be essential for navigating this volatile market.
Will CSECY:PENGU stage a comeback, or is this just another crypto winter casualty? Only time will tell, but for now, all eyes remain on the charts.
PENGU/DESCENDING CHANNEL BREAKOUT - BULLISH REVERSAL SETUPLet me provide a clear analysis of the PENGU/USDT chart, focusing on the key technical patterns and potential trade setup.
The chart shows a clear downward channel that has been broken, suggesting a potential trend reversal. Price has been consolidating in a demand zone (purple area) around 0.030 - 0.035 USDT, which could serve as a strong support level for future price movement.
Looking at the technical structure:
- Current price: 0.0186 USDT
- Trading volume: 865.81M
- Primary target (TP): 0.04 USDT
The chart displays a classic reversal pattern with a descending channel (gray lines) that has recently been broken to the upside. This breakout suggests strong bullish momentum could be building. The projected price movement (shown in red) indicates a series of higher lows and higher highs forming within an ascending channel.
Key levels to watch:
- Support zone: 0.030-0.035 USDT (purple area)
- Target price: 0.041 USDT
- Current resistance: Trend line at approximately 0.025000 USDT
To the bullish scenario. The breakout from the descending channel combined with the consolidation in the demand zone presents a compelling trading opportunity with a favorable risk-to-reward ratio.
A New Dawn or a False Start? PENGUSDT at Critical LevelsHere’s a captivating Catchy Introduction based on the data provided:
A New Dawn or a False Start? PENGUSDT at Critical Levels
PENGUSDT is teetering on the edge of its absolute low, currently trading at $0.0304, just 1.3% above this pivotal level. After a sharp -96.8% deviation from its all-time high, the asset is poised for either a revival or a deeper dive. The RSI14 rests at 28.7, signaling oversold conditions. Add to this a series of buy-pattern formations like the VSA Manipulation Buy Pattern 4th, and we might just be witnessing the calm before the storm.
With fundamental drivers like macroeconomic uncertainties and bearish momentum waning, the big question looms: is this the perfect bounce-back opportunity or a prelude to another fall? Today marks a key inflection point, and traders must stay sharp to capture potential swings. Are you ready to ride the next wave?
Roadmap: The Untold Story of PENGUSDT's Reversal Patterns
Let’s dive into the fascinating sequence of PENGUSDT’s recent trading journey, dissecting its key patterns and confirming whether the forecasted directions truly hit their mark. Strap in, traders—this is where the past meets the present, offering hints of what might come next.
Step 1: VSA Manipulation Buy Pattern 4th (2025-01-25 03:00 UTC)
Forecasted Direction: Buy
Action: This pattern hinted at a bullish breakout as it formed at $0.03334, with a close at $0.03400.
Confirmation: The subsequent pattern stayed true to the forecast, with prices holding above $0.03361—a testament to the buy signal’s reliability.
Step 2: VSA Manipulation Buy Pattern 3rd (2025-01-25 01:00 UTC)
Forecasted Direction: Buy
Action: Prices danced within a narrow range of $0.03322 to $0.03406, affirming a consolidative phase.
Confirmation: True to its bullish call, the market’s next pattern edged higher, confirming traders’ confidence in its upward momentum.
Step 3: VSA Buy Pattern Extra 1st (2025-01-26 12:00 UTC)
Forecasted Direction: Buy
Action: As expected, prices climbed to $0.03033, rebounding slightly from the critical support near $0.03001.
Confirmation: While modest in its upward trajectory, the pattern aligned with its bullish forecast, signaling renewed strength.
Step 4: Increased Sell Volumes (2025-01-24 10:00 UTC)
Forecasted Direction: Sell
Action: A steep decline from $0.04153 to $0.03586 validated the bearish call.
Confirmation: The sharp drop set the stage for subsequent buy signals, making this sell-off a crucial pivot point for trend reversal enthusiasts.
Technical & Price Action Analysis: Key Levels to Watch
In the ever-shifting landscape of PENGUSDT, staying ahead means keeping a laser focus on critical support and resistance levels. These price zones are your GPS for navigating trades and pinpointing potential reversals or breakouts. Here’s the cheat sheet:
Support Levels No data for regular support levels was identified. Stay vigilant—missing levels might indicate upcoming volatility.
Resistance Levels 0.05364: The first hurdle on the way up. If breached, it opens the door for further bullish movement. 0.05545: A key checkpoint that could serve as a magnet for price action. 0.07523: Bulls will be eyeing this level as a potential breakout trigger. 0.07865: Strong resistance that could dictate market sentiment. 0.08409: A psychological barrier; breaking this could signal a strong trend reversal.
Powerful Support Levels 0.05504: This level has significant weight—any failure to hold here could lead to a shift in sentiment. 0.4173: A major safety net for longer-term positioning, though far from current price action.
Powerful Resistance Levels No specific data available for powerful resistance, but keep an eye on price reactions near key psychological thresholds.
Key Takeaway : If any of these levels fail to hold their ground, they’re likely to flip into resistance, acting as a ceiling to upward price action. The market never lies, and these price zones are where the real action unfolds.
Stay nimble, traders, and remember—respect the levels, or the market will humble you!
Trading Scenarios: Optimistic and Pessimistic Pathways
Dynamic factors such as Moving Averages (MA50, MA100, MA200) reinforce the reliability of these rays, with VSA patterns providing an additional layer of confirmation. Here’s how the scenarios play out:
Optimistic Scenario: Rebound and Bullish Momentum
Key Entry Level: $0.03033 (Actual Price)
Price interacts with the ray near this level, showing signs of bullish activity supported by the MA50 ($0.0331). An upward trajectory could target:
First Target: $0.05364 (Resistance Level 1)
Second Target: $0.05545 (Resistance Level 2)
Third Target: $0.07523 (Higher Resistance)
Confirmation: Look for VSA Buy Patterns aligning with the dynamic ray and MA support to validate the bullish trend.
Pessimistic Scenario: Breakthrough and Bearish Continuation
Key Breakdown Level: $0.03001 (Absolute Low)
If price fails to hold the ray and breaches the absolute low, bearish momentum could dominate. Targets on the downside include:
First Target: $0.029 (hypothetical overshoot below Absolute Low)
Second Target: Reassessment after breakout.
Confirmation: A combination of sell volume spikes and price crossing below MA100 ($0.0433) solidifies the bearish outlook.
Suggested Trades: Practical Applications
Trade 1: Long from $0.03033 → Target $0.05364
Comment: Strong bullish move expected from the ray interaction supported by MA50.
Trade 2: Short from $0.03001 → Target $0.029
Comment: Breach of absolute low signals potential for significant sell-off.
Trade 3: Long Breakout at $0.05364 → Target $0.05545
Comment: Clear confirmation of trend continuation to next ray.
Trade 4: Short Rejection at $0.05364 → Target $0.03033
Comment: Strong resistance at the ray level triggers a bearish reversal.
Key Takeaways
The interaction of price with Fibonacci Rays, Moving Averages, and VSA patterns offers high-probability setups.
Enter positions after interactions with rays and validation by dynamic factors like MAs.
Each ray serves as a roadmap, with price likely traveling from one ray to the next—your first target is just the beginning.
This approach combines the precision of Fibonacci Rays with the adaptability of dynamic market analysis. Plan your trades, respect the rays, and let the market reveal its hand!
Let’s Keep the Conversation Going!
Got questions? Drop them in the comments—I’d love to hear your thoughts and help you navigate these key levels. Your feedback and curiosity keep the trading community thriving, so don’t hold back!
If this analysis resonates with you, don’t forget to Boost and save this idea. Check back later to see how price action unfolds around my marked levels—because the essence of trading is understanding those pivotal points that make or break a trade.
By the way, the rays and levels in this analysis are drawn automatically by my proprietary indicator-strategy. It’s available privately—if you’re interested in accessing it, feel free to send me a message, and I’ll walk you through the details.
Need a custom analysis for your favorite asset? Let me know in the comments! Some ideas I can share publicly, but if you prefer to keep your strategy private, we can discuss tailored solutions. The rays work across all markets, and I’d be happy to provide a personal markup for any asset you’re trading.
Lastly, if you’d like to see more content like this, make sure to follow me here on TradingView. This is where I share all my insights, strategies, and updates. Let’s build a strong trading community together—one idea at a time! 🚀
Is now the perfect time to trade Pengu’s 0.040$ gain?Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Pengu , 📚💡
At present, the market is experiencing a period of consolidation, characterized by a range-bound structure and a general downward trend. As such, it is entirely normal for the price to form red candles, particularly as it approaches our critical support level. This behavior aligns with the current market conditions. 📚💡
Once this support is tested and held, we expect the price to reverse course, potentially seeing an upward surge of up to 40%. Such a move would bring the price to approximately $0.040, signaling a strong recovery and growth potential. This scenario suggests a favorable opportunity for those looking to enter the market at these levels. 📚✨
🧨 Our team's main opinion is: 🧨
The market is currently range-bound and slightly bearish, with red candles expected as it approaches key support. Once support holds, we anticipate a potential 40% rise, reaching $0.040.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
Becoming a Meme Coin Millionaire in 2025 Guide
▪️Becoming a millionaire through trading Solana-based meme coins in 2025 is a high-risk and speculative endeavor that requires careful planning, research, and disciplined execution. Here's a guide to help you navigate this volatile but potentially lucrative market:
1. Understand the Meme Coin Market
Meme coins are cryptocurrencies that derive value largely from community enthusiasm, social media trends, and memes rather than intrinsic utility.
▪️Key Characteristics:
-High volatility and speculative value.
-Often community-driven and influenced by social media hype.
-Short-term opportunities with rapid price fluctuations.
-Popular Solana-Based Meme Coins:
Keep track of emerging and trending meme coins in the Solana ecosystem.
Join Solana communities on platforms like Twitter, Reddit, and Discord to stay updated.
2. Start with Research
Thorough research is critical before investing in any meme coin.
▪️Analyze the Project:
-Tokenomics: Look at the coin's supply, distribution, and burn mechanisms.
-Community Strength: Check the activity and size of the project's community.
-Development Team: Identify whether the project has a credible team or is purely community-driven.
Market Trends:
Track Solana ecosystem developments and meme coin trends.
Use tools like CoinMarketCap and CoinGecko to monitor meme coin performance.
3. Develop a Strategy
A clear strategy can protect you from emotional decision-making.
▪️Set Financial Goals:
-Decide how much you want to invest and your profit targets.
-Be prepared to lose the amount you invest, as meme coins are highly speculative.
Risk Management:
-Diversify your investments across multiple meme coins and other crypto assets.
-Allocate only a small percentage of your portfolio to meme coins.
Exit Strategy:
Decide in advance when to sell—whether at a specific profit percentage or when a coin reaches a particular price.
4. Master Timing
Timing is critical in meme coin trading due to their speculative nature.
▪️Watch for Early Opportunities:
-Participate in pre-sales or initial DEX offerings (IDOs) for meme coins in the Solana ecosystem.
-Use platforms like Solana's Raydium or Serum for early access to new coins.
Leverage Social Media Trends:
-Monitor social media platforms and influencers who often drive meme coin popularity.
-Stay alert for trending hashtags, memes, or community events.
Take Advantage of Volatility:
Be ready to buy low during market dips and sell high during hype cycles.
5. Use the Right Tools
Tools and resources can help you stay informed and make better trading decisions.
▪️Trading Platforms:
-Use decentralized exchanges (DEXs) like Raydium or Orca for Solana-based tokens.
-Use Solscan or other Solana block explorers to verify transactions.
Analytics Tools:
Track price movements with crypto analytics platforms.
Use bots or automated trading tools to take advantage of rapid price changes.
6. Stay Disciplined
Discipline is crucial to survive the meme coin market.
Avoid FOMO:
Fear of missing out (FOMO) often leads to poor decisions. Stick to your strategy.
Resist Emotional Trading:
Avoid panic selling during dips or overbuying during hype peaks.
Reassess Regularly:
Periodically evaluate your portfolio and adjust based on performance and market conditions.
7. Be Aware of Risks
The meme coin market is highly speculative, and there are significant risks.
▪️Scams and Rug Pulls:
-Beware of projects with anonymous teams or no clear use case.
-Verify contracts and audit reports, if available.
Market Volatility:
-Prices can plummet as quickly as they rise.
-Only invest what you can afford to lose.
Regulatory Risks:
Monitor potential regulations that could affect meme coins or the broader crypto market.
8. Cultivate Long-Term Wealth Building
While meme coins might offer quick gains, consider diversifying into more stable assets to build long-term wealth.
▪️Invest in Solana Ecosystem Projects:
Solana-based DeFi, NFTs, and other utility-driven projects could provide steadier returns.
Stake SOL or Meme Coins:
Earn passive income through staking or liquidity provision.
Reinvest Profits Wisely:
Use meme coin profits to invest in more stable crypto assets or traditional investments.
▪️Conclusion
Becoming a Solana meme coin millionaire in 2025 requires research, timing, and a strong risk management strategy. While meme coins offer exciting opportunities, they are highly speculative and risky. Balance your enthusiasm with caution, and focus on building a sustainable approach to crypto trading.
Pudgy Penguins (PENGU)PENGU is the official coin of Pudgy Penguins. Pudgy Penguins is a blockchain-based collection of NFTs launched on the Ethereum blockchain.
Anyway, it seems PENGU is moving in a flat triangle pattern. PENGU has broken the first downtrend line, have to wait to break the second on too. Let's see what happens.