Pudgy Penguins (PENGU) Price Prediction: Support Holding at $0.030 as Bulls Eye Higher Levels

Pudgy Penguins is consolidating inside a bullish flag, with key support at $0.030 to $0.032 and upside targets stretching towards $0.065 and beyond.

Pudgy Penguins PENGU may be setting up for its next big move as both technicals and fundamentals align in its favor. Trading near $0.033, the token is holding firm inside a bullish flag formation while its ecosystem gains traction through ETF discussions, institutional interest, and mainstream exposure.

Pudgy Penguins May Still Be Undervalued

Pudgy Penguins continues to surprise the market, with PENGU showing resilience and steady momentum even as the meme community calls it underrated. Shiv highlights that the narrative around this ecosystem has expanded well beyond memes, now drawing institutional interest, ETF discussions, and mainstream attention. Price today, hovering near $0.033, reflects a growing base of holders who appear to be in for the long game rather than just chasing quick pumps.

Key highlights fueling this trend include:

• Over 200B in mindshare tied to Pudgy Penguins so far

• A presence across nearly every major exchange

• ETF acknowledgment by the SEC

• Institutional roles and advisory traction

• Strong partnerships with more anticipated

This kind of ecosystem strength doesn’t just drive headlines; it gradually filters into price as liquidity builds. With more partnerships and institutional eyes turning toward PENGU, the case for long-term growth strengthens, even if the market hasn’t fully priced it in yet.

Bullish Outlook and Market Expectations

PENGU’s chart is setting up inside a clean bullish flag formation, a pattern that often signals continuation after strong upside moves. The consolidation range between $0.031 and $0.035 has so far acted as a cooling-off zone, giving momentum a chance to reset without breaking structure. Analyst Ali Martinez highlights that this setup, combined with strong fundamentals like ETF filings and Asia market expansion, positions PENGU for a technical push higher.

PENGU consolidates in a bullish flag, with analysts eyeing a breakout toward $0.047–$0.065 and Fibonacci targets near $0.10. Source: Ali Martinez via X

A breakout above the flag resistance could quickly open targets around $0.047 and $0.065, with the extended Fibonacci projection pointing towards $0.10. What makes this noteworthy is the alignment between chart structure and broader adoption narratives.

Technical Indicators Suggest Room for Upside

PENGU’s daily chart is showing constructive signs of strength, with price holding firm around the $0.030 to $0.032 support band. The RSI indicator has started turning upward from oversold territory, hinting at a shift in momentum as selling pressure eases. This rebound in RSI, paired with steady consolidation, suggests that buyers are gradually regaining control, creating a favorable risk-reward zone for accumulation ahead of September and Q4. Analyst MacBTC emphasizes that this range could be a strategic level to position before the next major leg higher.

PENGU holds firm at $0.030–$0.032 support as RSI rebounds. Source: MacBTC via X

If momentum sustains, the first key test sits at $0.042, followed by stronger resistance around $0.047. A confirmed breakout beyond these levels could unlock targets closer to $0.065, with RSI strength providing early confirmation of a sustained uptrend.

Community Reach Extends Beyond Markets

One of the clearest signs of Pudgy Penguins’ expanding influence comes from outside traditional crypto channels. As highlighted by The Solana Post, PENGU-related GIFs on GIPHY have racked up nearly three times the views of Disney’s, with 55.7B compared to Disney’s 21.6B.

PENGU-related GIFs on GIPHY have surpassed 55.7B views, more than double Disney’s, showcasing its massive cultural reach. Source: The Solana Post via X

Memecoins often rely heavily on community strength to maintain relevance, and this data shows that PENGU is making an impactful mark well beyond price charts.

Final Thoughts

From a technical perspective, PENGU Pudgy Penguins price continues to hold a constructive setup inside its bullish flag pattern. The $0.031 to $0.035 range has acted as a reliable consolidation, giving the market time to reset while keeping higher support intact. A breakout above the $0.042 and $0.047 resistance levels would confirm continuation, opening the way toward $0.065, with Fibonacci projections extending as high as $0.10.

The RSI rebound from oversold levels further supports the bullish bias, showing that momentum is shifting back in favor of buyers. As long as PENGU protects its $0.030 to $0.032 support band, the technical structure remains healthy and points towards a bullish Pudgy Penguins price prediction.