Pudgy Penguins (PENGU) Price Prediction: Bullish Reversal and RSI Divergence Hint at Explosive Move
The post Pudgy Penguins (PENGU) Price Prediction: Bullish Reversal and RSI Divergence Hint at Explosive Move appeared on BitcoinEthereumNews.com. Pudgy Penguins (PENGU) is coiling just below key resistance, flashing multiple bullish signals as participants anticipate a potential breakout toward $0.07. After a week of relatively quiet movement across altcoins, PENGU is showing early signs of strength, both on the charts and within the community. According to several participants, the current technical patterns are lining up for a potential breakout, with some targets pointing towards the $0.07 level. Pudgy Penguins’ current price is $0.03797, down -6.11% in the last 24 hours. Source: Brave New Coin Pudgy Penguins ‘Buy the Dip’ Sentiment Grows Pudgy Penguins is starting to become the center of attention from the meme community, especially after a bold tweet from CryptoKaleo reminded followers that “dips are for buying.” While the broader market remains sideways, PENGU continues to flash signs of underlying strength. Market participants are keeping a close eye on PENGU for a potential bullish leg continuation. PENGU Technical Setup Flashes Bullish Reversal Signal Ali’s latest chart adds another layer of confidence to the growing PENGU narrative. Pudgy Penguins is currently bouncing off the lower boundary of its parallel channel, a zone that has historically triggered sharp upward reversals. Most notably, the TD Sequential has just flashed a buy signal. Price action is also holding firmly above a key trendline near $0.037, reinforcing the idea that PENGU is attempting to build a solid base. Pudgy Penguins rebounds off key trendline support as TD Sequential flashes a buy signal, reinforcing bullish reversal potential. Source: Ali via X On the momentum side, the RSI is showing bullish divergence, with price making fresh lows while the oscillator prints higher lows, typically a sign that bearish pressure is fading. This technical convergence comes just as PENGU gains traction in the meme coin spotlight, following Kaleo’s earlier “dips are for buying” endorsement. PENGU…
The post Pudgy Penguins (PENGU) Price Prediction: Bullish Reversal and RSI Divergence Hint at Explosive Move appeared on BitcoinEthereumNews.com.
Pudgy Penguins (PENGU) is coiling just below key resistance, flashing multiple bullish signals as participants anticipate a potential breakout toward $0.07. After a week of relatively quiet movement across altcoins, PENGU is showing early signs of strength, both on the charts and within the community. According to several participants, the current technical patterns are lining up for a potential breakout, with some targets pointing towards the $0.07 level. Pudgy Penguins’ current price is $0.03797, down -6.11% in the last 24 hours. Source: Brave New Coin Pudgy Penguins ‘Buy the Dip’ Sentiment Grows Pudgy Penguins is starting to become the center of attention from the meme community, especially after a bold tweet from CryptoKaleo reminded followers that “dips are for buying.” While the broader market remains sideways, PENGU continues to flash signs of underlying strength. Market participants are keeping a close eye on PENGU for a potential bullish leg continuation. PENGU Technical Setup Flashes Bullish Reversal Signal Ali’s latest chart adds another layer of confidence to the growing PENGU narrative. Pudgy Penguins is currently bouncing off the lower boundary of its parallel channel, a zone that has historically triggered sharp upward reversals. Most notably, the TD Sequential has just flashed a buy signal. Price action is also holding firmly above a key trendline near $0.037, reinforcing the idea that PENGU is attempting to build a solid base. Pudgy Penguins rebounds off key trendline support as TD Sequential flashes a buy signal, reinforcing bullish reversal potential. Source: Ali via X On the momentum side, the RSI is showing bullish divergence, with price making fresh lows while the oscillator prints higher lows, typically a sign that bearish pressure is fading. This technical convergence comes just as PENGU gains traction in the meme coin spotlight, following Kaleo’s earlier “dips are for buying” endorsement. PENGU…
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