PENGU is consolidating above key support levels, with participants watching closely for a breakout that could fuel its next major rally.
At the time of writing, PENGU is holding steady above the $0.03 support zone. Buyers have continued to step in on dips, keeping the uptrend intact and pushing fresh interest in Pudgy Penguins’ potential breakout. With market sentiment leaning bullish and technical levels aligning, attention is now shifting to whether PENGU price prediction can extend this momentum towards new highs.
At press time, PENGU was trading around $0.03013, down -9.52% in the last 24 hours. Source: Brave New Coin
PENGU Price Prediction: Bulls Eye $1 Target
CristiC shared a projection that aligns with an aggressive exponential growth path, mapping out a route toward the $1 mark by December. The chart shows a required daily growth rate of nearly 6%, which, on paper, looks extreme but reflects the kind of volatility meme tokens can generate during liquidity bursts. The structure favors a steep upside curve, one that would need consistent momentum without large drawdowns.
PENGU charts outline a bold path towards the $1 milestone, hinging on sustained momentum and community-driven demand. Source: CristiC via X
Technically, these kinds of parabolic setups often encounter resistance around psychological levels before continuation. If demand sustains above $0.05 to $0.06, the probability of reaching higher bands rises significantly. This is where narrative and community energy could become as important as the technical side.
Accumulation Trends Favoring a Bullish Outlook
Fresh inflows continue to support the broader market structure, as on-chain records reveal steady movement of Pudgy Penguins into long-term wallets from World Liberty Finance. Analyst nobi suggests that dips into the $0.03 range are not being sold off aggressively but instead absorbed by larger players looking for exposure.
On-chain data shows steady Pudgy Penguins accumulation, with larger players absorbing dips around $0.03. Source: nobi via X
Accumulation during consolidation often builds the foundation for larger breakouts. If the current pace of inflows continues, price stability could quickly flip into momentum, setting up the token to challenge its recent highs.
PENGU Technical Structure Holding Firm
Infos & Charts highlighted PENGU’s clean uptrend with the 4H structure holding firmly along its rising trendline. Every dip into the ascending support has so far attracted buyers, keeping the broader structure intact. The boxed range around $0.03 to $0.035 remains key, with upside potential if price cleanly breaks through.
PENGU holds its 4H uptrend as buyers defend $0.03–$0.035, with targets set at $0.04 and $0.05. Source: Infos & Charts via X
Should buyers maintain control, the next checkpoints lie at $0.04 and $0.05, aligning with prior swing highs. A successful breakout here could be the signal needed to trigger fresh upside momentum, especially if volumes expand.
Pudgy Penguins Order Books Tilted Towards Buyers
Order book data suggests an underlying bullish skew, with over 60% of current positioning siding with buy orders. Jesse Peralta noted that dips are being consistently absorbed, indicating that accumulation is still ongoing beneath the surface. This kind of order flow reinforces the bullish backdrop. If price consolidates but liquidity continues to cluster on the bid side, it reduces downside risks and provides fuel for the next push higher.
Order books show over 60% buy-side strength, signaling ongoing accumulation. Source: Jesse Peralta via X
Technical Outlook: PENGU Targeting Channel Top
Ali Martinez highlights PENGU Pudgy Penguins reacting strongly at the $0.030 to $0.031 support band, which marks the bottom of its channel. Maintaining this level has kept the ascending structure intact, and as long as the price remains above $0.029, the bullish case remains valid. The mid-range resistance near $0.036 is the first hurdle, followed by the channel top at $0.044. A clean break above these levels would likely extend the rally towards $0.050, aligning with the momentum narrative.
Pudgy Penguins PENGU holds $0.030–$0.031 support, with targets at $0.036 and $0.044 if momentum builds. Source: Ali Martinez via X
Structurally, the repeated higher lows indicate demand stepping in on every dip, which is consistent with the accumulation trends highlighted in the order books. If PENGU can maintain bids above $0.031 and push through $0.036 with volume, it sets up a clear technical path towards $0.044 and beyond. Failure to hold the lower channel, however, risks a retest of $0.028, where bulls would need to defend quickly to avoid breaking the broader uptrend.
Looking Ahead: Is the $1 Mark Possible for PENGU?
PENGU’s price action is showing the right ingredients for continuation, with steady higher lows and consistent buy-side support in the $0.03 to $0.031 range. Order book strength and on-chain accumulation point towards growing confidence, while technical levels at $0.036 and $0.044 remain the key checkpoints for bulls. If momentum builds past these hurdles, a clean path towards $0.05 and beyond could open up, reinforcing the bullish narrative that traders have been watching closely.
Still, the road to $1 won’t be linear. Meme tokens thrive on bursts of liquidity and community energy, which means corrections are likely along the way. As long as Pudgy Penguins buyers continue to step in at critical support levels, the structure favors another breakout attempt.