Pudgy Penguins (PENGU) Price Prediction: Fibonacci Extensions Pin Next Target Between $0.043 and $0.045

Pudgy Penguins is trading above key support with rising volume and breakout signals hinting at a potential move toward the $0.045 zone.

Pudgy Penguins is starting to steal the spotlight in a way few expected. After climbing to the 6th spot in the memecoin rankings and logging the highest daily trades, the market is beginning to take its structure seriously.

Pudgy Penguins Enters Top 10 with Momentum on Its Side

Pudgy Penguins just moved up to 6st in the memecoin market cap rankings, crossing $1.7 billion and jumping 27.8% on the day. It’s now sitting in the same zone as names like BONK and TRUMP, projects that have already cycled through periods of high volume and headline moves.

Price is consolidating above the $0.030 level, and volume has been climbing continuously. What stands out is how quickly PENGU is compressing the gap between lower-tier memecoins and the top five. With SHIB and PEPE still commanding the upper slots, PENGU’s rise suggests capital is flowing into 2nd-tier memes as well.

Pudgy Penguins climbs into the top 10 memecoins. Source: The Solana Post via X

Now, if $0.030 holds, the next challenge sits around the $0.040 psychological level, and beyond that, the $2B market cap line becomes the next inflection point.

Pudgy Penguins Breakout Structure Forms as $0.040 Comes Into Play

The latest Pudgy Penguins chart shared by BitcoinHyper adds more weight to the breakout narrative already forming. On the 3-day, price is attempting to push above the $0.030 to $0.033 range with strong follow-through, lining up with a clean Elliott Wave structure. Wave 3 appears to be in motion, and based on the extension targets shown, $0.043 to $0.045 aligns with the 2.0 and 2.618 Fibonacci projections.

PENGU eyes a fresh impulse as Wave 3 unfolds, with $0.043 to $0.045 lining up as key Fibonacci targets. Source: BitcoinHyper via X

If the $0.033 zone holds as support during any short-term pullbacks, the technical setup stays intact. The structure doesn’t look overheated yet, and volume continues to confirm the move. Whether this leads to another impulse or ranges out a bit, the levels are now clearly defined, $0.035 on the low end, $0.045 on the upside.

PENGU Tops The Daily Trades List

In the latest on-chain data shared by NumberOnePengu, PENGU just posted 14.6 million daily trades, more than Bitcoin, Ethereum, and every other major coin on the board. That’s nearly 200 transactions per second across 24 hours. Interestingly, PENGU only has a market cap of $1.86 billion while Bitcoin enjoys $2.35 trillion market cap. The trade density per dollar of market cap is off the charts, showing just how active the token has become inside a still relatively small cap.

PENGU leads the market with 14.6 million daily trades, surpassing BTC and ETH in transaction count. Source: NumberOnePengu via X

This kind of transaction flow confirms that Pudgy Penguins is currently high in attention. For now, the volume is backing the move, and the high-frequency activity adds weight to the current price structure. If this level of throughput holds while price consolidates above $0.030, it creates a solid base for continuation.

Pudgy Penguins Price Prediction Hints at 900% Upside Potential

The PENGU Pudgy Penguins price chart shared by Mr. Hodler highlights a clean reclaim of prior resistance, now flipping into support around the $0.023 to $0.025 zone. This area had previously rejected price multiple times, but the recent push through it with follow-up strength confirms a shift in structure. The projected path on the chart outlines a stair-step rally into Q4, backed by a consistent series of higher highs and lows. If this reclaimed range holds, the setup points to a breakout cycle with clean upside ahead.

PENGU reclaims key support with price structure pointing to a potential 900% breakout. Source: Mr. Hodler via X

From a Pudgy Penguins price prediction standpoint, the drawn projection implies a potential +900% move over the coming months if this breakout cycle follows through the levels of $0.035 to $0.040. Clearing this range with volume would put PENGU into open-air territory, with price discovery and hyper-momentum.

PENGU Price Analysis

The recent move to $0.032 has triggered some profit-taking, and rightfully so, the price has rallied straight into a known resistance band without much pause. The chart shared by Sasquatch shows that the level between $0.030 and $0.033 overlaps with resistance.

Analyst Sasquatch believes large green candles often come with a cooldown, and given the steepness of this leg, a short-term pullback or sideways consolidation would be typical before any clean continuation higher.

PENGU tests resistance at $0.032 as analyst Sasquatch calls for a healthy cooldown before potential continuation. Source: Sasquatch via X

From a structure standpoint, the setup still leans bullish, but it’s entering a region where a slower phase can be seen. If price holds above the $0.028 to $0.030 area during any retest, it would validate the breakout and offer stronger positioning on a re-entry. This lines up with previous resistance now acting as short-term support. In the context of the broader move, this is just the market pausing at key levels, not rejecting them. The zone between $0.035 and $0.045 remains the final resistance to flip.

Final Thoughts: What Next For PENGU?

PENGU’s recent surge into the top 10 meme coins isn’t just hype; it’s supported by structure, volume, and one of the most active trading footprints in the entire market. With $0.030 now acting as the main battlefield, market watchers are looking closely to see if this level can hold through any near-term cooldown. If it does, the setup for a continuation towards $0.043 to $0.045 remains very much alive. The Elliott Wave structure lining up with Fibonacci targets only strengthens the bullish outlook.