TL;DR
PENGU shows bullish momentum after holding $0.0315, with charts signaling a potential rally toward $0.044.
Supertrend resistance near $0.03838 and RSI 53 suggest room for continued upward movement if volume supports.
Broadening wedge breakout and $0.036 support flip point to a favorable short-term bullish setup.
Key Support and Buy Signal
Pudgy Penguins (PENGU) is showing signs of a potential bounce after touching a key support zone. On the 12-hour chart, the price reached $0.0315, a level that has seen strong trading activity in the past. Crypto analyst Ali Martinez noted that this area is an essential base for buyers.
$PENGU has hit a key support level at $0.0315, backed by strong volume profile demand. With the TD Sequential flashing a buy signal, a sustained move above $0.036 could ignite a rebound toward $0.044! pic.twitter.com/MPyodQzrGd
— Ali (@ali_charts) August 3, 2025
Meanwhile, the TD Sequential indicator triggered a “Buy 9” signal. This pattern often appears
We współpracy z: https://cryptopotato.com/pengu-eyes-0-044-after-holding-key-support-zone/