Pudgy Penguins (PENGU) Price Prediction: Bullish Pattern Signals 30% Upside Toward $0.022

Pudgy Penguins (PENGU) has broken out above key resistance with rising volume, as the price eyes a potential gap-fill move toward the $0.022 level.

After weeks of trading under resistance, Pudgy Penguins has broken out with real volume and real follow-through. Market participants are now eyeing a potential 20–30% move, especially as the price targets a key liquidity gap that has remained untouched since February.

Pudgy Penguins’ current price is $0.1645, down -0.72% in the last 24 hours. Source: Brave New Coin

Pudgy Penguins Breaks Out of Resistance, Eyes Next Major Move

Pudgy Penguins has officially broken out of its key diagonal resistance, a trendline that’s capped its price since March. The move was confirmed with a clean close above the $0.0155 zone and has opened up a potential path toward the next major Fibonacci target at $0.044, as noted by crypto analyst Ali Martinez.

Momentum is building steadily, with the structure showing a solid series of higher lows since the April bottom. The Pudgy Penguins is now targeting $0.022 and $0.032 as the next upside levels on the chart.

Pudgy Penguins breaks key resistance with a clean breakout, setting sights on higher targets amid growing momentum. Source: Ali Martinez via X

From a technical view, the breakout aligns with a textbook ascending triangle formation, where the horizontal resistance finally gave way after multiple tests. As long as the price holds above the breakout point, the structure remains valid. Short-term pullbacks into support could be expected, but the trend now favors bulls.

Spot Volume Spikes on PENGU

After breaking key resistance, PENGU’s move is getting fresh confirmation from spot volume data. A 68% rally over the past week has now been met with rising buy-side activity, with $0.018 emerging as the clear pressure point. According to Erica Hazel, the SuperTrend indicator has flipped bullish, and shorts appear to be getting squeezed as the price builds momentum above breakout levels.

Spot volume surges as PENGU rallies 68% in a week, with $0.018 acting as a key pressure zone. Source: Erica Hazel vix X

The volume bubble map from CryptoQuant adds further weight to this move. With the breakout now confirmed, $0.028 becomes the next key level to watch.

PENGU Price Eyes Gap Fill Play

After its strong breakout and retest earlier this month, PENGU is now targeting a clear liquidity gap left behind during the steep February drop. The current price structure is pressing right up against the $0.0158 to $0.0169 resistance band, which acted as a key breakdown point during that flush. The chart shared by ZGOD shows multiple wicks rejecting around this level, but the overall momentum remains bullish, especially with volume picking up and price making higher lows. If bulls push through this zone, the next gap-fill target sits near $0.0227 to $0.00250.

PENGU targets a wide gap-fill zone from $0.0169 to $0.0250, with bullish momentum building above key resistance. Source: ZGOD via X

Price gaps, especially those formed by high-velocity moves, tend to act like magnets. Once price re-enters the gap zone, it often moves swiftly to fill it, with little resistance in between. In PENGU’s case, this isn’t just a minor imbalance; it’s a wide, clean zone from $0.0169 to $0.0250 that hasn’t been retested since the breakdown.

Smart Money Active Over PENGU

Smart money just put its stamp of approval on PENGU. According to on-chain data from StalkChain, shared by Abhi, Pudgy Penguin coin is now the #1 most bought token among tracked wallets over the past 24 hours. That puts it ahead of several top-cap coins in daily inflows.

Smart money flows into PENGU, now the #1 most bought token among tracked wallets in the past 24 hours. Source: Abhi via X

This buying pressure also lines up perfectly with the technical breakout and gap-fill narrative. After reclaiming a critical level near $0.0155 and showing signs of follow-through, this latest surge in smart money interest could help accelerate the price toward that next target zone around $0.022 to $0.025.

PENGU Gets Boost With eToro Listing

In a latest Pudgy Penguins news update, $PENGU has just gone live on eToro, marking a major step forward. This new listing opens the door to a broader retail audience at a time when the coin is already riding a wave of momentum from its recent technical breakout. With smart money flowing in and bullish sentiment building, the eToro debut adds fuel to the narrative that PENGU may still have room to run as it targets higher resistance zones.

Final Thoughts

The sentiment seems to be aligning for Pudgy Penguins. A confirmed breakout, rising volume, smart money inflows, and a fresh eToro listing all paint a bullish short-term picture. With the chart structure holding strong and the $0.0169 to $0.0250 gap acting like a price magnet, participants are now watching closely for a potential swift move toward the $0.022 zone.