Is $PENGU Cooling Off?CSECY:PENGU continues to deliver, respecting structure and printing some clean price action. After breaking out of consolidation beneath the LOI at 0.032, price extended sharply, reaching as high as 0.0469—where we just saw a firm rejection, previously identified in the last update.
That level wasn’t random. It aligned with a Most Likely Target (MLT) for a wave 5 at a lesser degree and a wave 3 at a higher degree. That kind of confluence usually draws in some heat—and it did.
So what now?
The conservative bull outlook is that we may be entering a wave 4. How this pullback unfolds could tell us a lot. The last retrace was shallow, and if this one digs a bit deeper or breaks certain levels with pattern clarity, that might signal a higher degree wave 4 is underway. The key level here is the 0.0325 level we were watching before.
The raging bull scenario is that we’re still in a lesser degree impulse up. A hold and bounce off the key level could be enough to continue the move higher. But I’m watching the conservative outlook here until we get more print.
Here’s what I’m watching:
• Wave 4 Behavior
Is this a pause or a pivot? The next leg depends on how corrective this gets.
• 0.027
A break here would raise eyebrows. That’s a deeper level of interest and could hint at something more than a minor pullback.
• Pattern Depth & Structure
Each retrace tells a story. More complex wave 4s tend to show themselves through drawn-out corrections or deeper fib targets.
I’m still holding partial from the original 0.012 entry, having taken some profit on the way up. If we get a clean W4 print, I’ll be scouting for the next add.
Trade what’s printed. Stay flexible. Let the wave show its hand.
Trade Safe.
Trade Clarity.
PENGUUSD
Meme Coin To Watch This Week - Pudgy Penguin (PENGU)BINANCE:PENGUUSDT price has surged 27% in the past week , currently trading at $0.038. The meme coin is inching closer to its all-time high of $0.046 . Strong bullish sentiment and market participation are fueling this rally, signaling that PENGU could soon retest resistance levels if momentum remains intact.
The meme coin is now just 22% away from hitting its record high . A Golden Cross pattern formed last week adds to the bullish outlook. If BINANCE:PENGUUSDT successfully flips $0.040 into a stable support level, the rally could continue, pushing the altcoin higher toward reclaiming its historical peak.
However, downside risks remain. If investors begin booking profits, selling pressure could drag BINANCE:PENGUUSDT lower . The critical support level of $0.029 will come into play. Losing this support could halt the upward trend and invalidate the optimistic price projection in the near term.
PENGUUSDT 50%-150% potentialBINANCE:PENGUUSDT is showing a classic cup and handle breakout on the daily chart, supported by a strong upward move and a bullish structure. Price has successfully broken out of key resistance around 0.0173, and volume is picking up. If momentum continues, the projected target points toward the $0.045 level, suggesting a potential upside of 50%-150%. The setup remains valid as long as price stays above the handle low around 0.0141.
Regards
HExa
$PENGU: Taking Profit and Watching for a TurnIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
PENGU has made a strong move off the 0.007 level, now it just popped cleanly out of consolidation beneath the key LOI at 0.032. That break gave us the signal we needed for continuation, and so far, the price has followed through nicely.
But now, we’re approaching a zone where things could get a bit trickier.
This advance is starting to look like a classic wave 3 impulse, and while there’s no clear confirmation of a top yet, signs are beginning to flash caution. That means it’s time to start watching for potential topping behavior—especially if we move into a broader consolidation phase.
Here’s what’s on my radar:
• Wave 3 Exhaustion?
Still unconfirmed, but this could be the final leg of the wave 3 structure.
• AOI or Key Level Rejection
A stall or strong reaction near resistance could be a red flag. Channel parallel being reached.
• Bearish Divergence on the EWO
Momentum isn’t keeping pace with price. That’s often a precursor to a deeper pullback.
No need to force the next move here. This thing could just keep ripping up, but I am being extra cautious here. Not only to look for a potential top, but if a retrace is given, a potential long add to my current trade. Taking profit at these levels makes sense, especially given the early entry from 0.012 and my trade plan.
As always, trade what’s printed, not what’s hoped for. Stay nimble.
Trade Safe!
Trade Clarity!
$PENGU Taking a Breather? CSECY:PENGU Taking a Breather? Wave 4 May Be Brewing
After a strong move, CSECY:PENGU looks like it might be pausing for breath. The recent action suggests we may have just wrapped up a small-degree Wave 3, with price now struggling to clear a key resistance level from earlier in the structure.
That hesitation could mark the early stages of a Wave 4 correction...Conservatively.
Here’s the zone I’m watching for a potential W4 pullback:
- .236 to 50% retracement of Wave 3, measured from the Wave 2 low
- Most Likely Target (MLT) sits right around the .382 fib
- Keep an eye on time symmetry—Wave 4 may offset the time duration of Wave 2
- Price could react off the base channel as a support guide
If this is a W4, it could give us a clean continuation setup into Wave 5—provided it holds structure and doesn’t overlap the Wave 1 territory. Stalking the pullback as it plays out, and am ready to react if we see support step in at the expected fib levels or the base channel.
Trade Safe!
Trade Clarity!
PENGU Just Triggered a Massive Breakout! Key Levels to WatchYello, Paradisers! Are you watching what’s unfolding with #PENGU after months of quiet accumulation? Because this chart is finally waking up, and it’s happening right now.
💎After a prolonged bottoming phase that lasted approximately 162 sessions, PENGU has completed a classic cup and handle formation, and we’re now seeing the start of what could be a powerful breakout.
💎#PENGUUSDT has surged above the neckline resistance at $0.01680, and—more importantly, this breakout is backed by strong volume, giving the move real credibility. It’s not just a wick; it’s a genuine push.
💎Now that the neckline is broken, PENGU has room to push higher. But let’s be clear, price is likely to face moderate resistance at the $0.02280 level. That’s a spot where some short-term profit-taking can’t be ruled out, especially from early entries. It’s a natural reaction zone and a moment to watch for how price behaves under pressure.
💎Still, if momentum holds, the pattern suggests a potential move toward the $0.02820 to $0.03200 region. That zone is no joke. It includes the 61.8% and 78.6% Fibonacci retracement levels, two of the most powerful technical resistance points in any market cycle. This makes that area a major decision zone and one that should be approached with caution.
💎On the other side, support is now established between $0.01680 and $0.01500. This is the previous resistance zone, and any retest into this range is likely to see strong demand stepping in. It would not be surprising to see buyers defend this area aggressively, especially if the retest is clean and orderly.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey. Be a PRO.
MyCryptoParadise
iFeel the success🌴
PENGU still has room!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
The move off the low looked like a clean, completed impulse—sharp, decisive, and well-structured. After that, we got a double zigzag retracement. It ran a bit deeper than the textbook version, but still landed right in the normal range you’d expect for a healthy correction. From there, we saw another smaller-degree impulse form off the .007 pivot, suggesting bullish momentum was building again.
Since the last update, PENGU has come a long way—more than doubling in price and now hovering around a most likely target for a wave 3. What’s notable is how it got there: not just by breaking above the 0.017 resistance, but by blowing through multiple base channels on solid momentum and healthy volume.
We didn’t get the ideal depth for a retrace for a wave 2 before that breakout, but that doesn’t disqualify the larger count. In fact, from an Elliott Wave perspective, I still believe we haven’t seen a proper wave 4 to balance out the earlier wave (2). So I’m holding off on calling a top to this wave 3 just yet.
Here’s what we’re watching closely now:
The secondary impulse off .007 continues to build structure
Ideally, the next pullback holds above the 0.027 or .022 region, signaling respect for previous support and AOIs
That pullback needs to unfold correctively, not impulsively, to confirm bullish continuation
The next trade setup I’m eyeing is that wave 4 into wave 5 move. I’ll be stalking this ticker closely as structure unfolds.
Trade safe.
Trade clarity.
PENGU/USDT Breakout Power — Start of a New Bullish Wave?
📌 Technical Overview:
The chart of PENGU/USDT on the daily timeframe has just printed a very strong bullish signal. After months of downward movement, the price has successfully broken out from a well-formed Falling Wedge — a classic bullish reversal pattern.
🧠 Pattern Analysis:
📉 Falling Wedge:
The wedge started forming since January 2025, marked by a series of lower highs and lower lows. Price action was squeezed into a narrowing range, indicating weakening bearish pressure.
The breakout in early July came with strong momentum, confirming bullish intent.
🟨 Key Demand Zone (Highlighted Box):
Between 0.0113 – 0.0124 USDT, this area aligns with key Fibonacci retracement levels:
0.5 @ 0.01248
0.618 @ 0.01138
0.786 @ 0.00981
This zone now acts as critical support, offering a possible buy-the-dip opportunity.
📏 Major Resistance Levels (Targets):
TP1: 0.02520 USDT – Minor resistance, first breakout confirmation
TP2: 0.03044 USDT – Structural mid-level resistance
TP3: 0.04316 USDT – Major psychological and structural barrier
TP4: 0.07000 USDT – Former high, potential long-term target
🟢 Bullish Scenario:
Price has cleanly broken above the wedge resistance and is now retesting or consolidating above the prior resistance zone.
As long as the price holds above 0.012 USDT, the bullish structure remains intact.
The ideal bullish path would be:
1. Minor pullback or retest to the yellow box area (demand)
2. Strong rally toward 0.025 USDT, followed by gradual climb toward 0.030 – 0.043 USDT
3. With sustained volume, 0.07 USDT becomes a realistic mid-term target
🔴 Bearish Scenario:
Failure to hold the 0.012 – 0.011 USDT demand zone would trigger a warning sign.
Breakdown below 0.0098 USDT (Fibo 0.786) would invalidate the breakout, and potentially resume the bearish trend.
If this happens, watch for price to revisit lower supports around 0.0075 – 0.0050 USDT
🧩 Volume and Momentum Watch:
The breakout was supported by a clear uptick in volume – a strong confirmation signal.
Keep an eye on RSI and MACD on your platform — if bullish divergence continues, it could fuel a sustained breakout.
💬 Summary:
> “PENGU is no longer hibernating — the breakout from a long-term falling wedge pattern signals the beginning of a new trend. With a confirmed breakout, solid support at Fibonacci levels, and clearly defined targets ahead, PENGU/USDT could be setting up for a powerful bullish leg — but caution remains essential at support levels.”
📣 Join the Momentum Early!
If the bullish scenario plays out, this could be a high-reward setup — but always manage your risk!
#PENGU #AltcoinSeason #CryptoBreakout #FallingWedge #BullishCrypto #CryptoTA #TradingViewAnalysis #USDT #AltcoinAlert #ChartPattern #TechnicalBreakout
Penguins Can’t Fly, But This Chart Might If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
The move off the low looks like a clean, completed impulse wave sharp, decisive, and showing solid structure. After that, we had a double ZZ retracement. While it was a bit deeper than the textbook ideal, it still fits perfectly within the normal range you’d expect for a healthy correction. Now, we’re seeing another smaller-degree impulse forming from the .007 pivot, suggesting that the market is gaining momentum again.
Here’s what we’re watching closely:
The secondary impulse off .007 continues to build structure.
We want to see a pullback after impulse completion that ideally holds above the .011 region, showing the market respects previous support and AOIs.
The structure of this potential pullback needs to be corrective rather than impulsive to confirm bullish continuation.
A clean move above prior swing highs would confirm that the larger wave 3 or C is underway.
Overall, this chart is ticking the boxes for a potential larger upside push if the market respects key levels and continues to print impulsive structure higher.
Trade Safe!
Trade Clarity!
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 🎯
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. 🐋
Pudgy Penguins Best Level to BUY/HOLD 300%+ gains🔸Hello guys, today let's review 2h price chart for PENGU . Currently locked inside trading range expecting more range bound price action before accumulation completes later and we get another strong bull run.
🔸Ongoing accumulation in progress indicates further gains later this month. currently trading near range highs so no trades recommended at the market price.
🔸Recommended strategy bulls: bullish structure accumulation in progress. Accumulate near 0.025, TP bulls is +300%+ gains, final exit at 10 cents. good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
PENGU is a chosen one.PENGU energizes the Pudgy Penguins community by promoting teamwork, encouraging active involvement, and backing creative projects within the ecosystem. It enhances liquidity and streamlines transactions, ensuring the project remains competitive in the bustling blockchain arena.
Conclusion
The introduction of PENGU on Solana represents a pivotal moment for Pudgy Penguins, showcasing its dedication to expansion and innovation. This token acts as a connector between the project and its community, nurturing stronger connections and paving the way for a thriving ecosystem.