PENGU is pressing against a key breakout zone, with participants eyeing support and resistance levels that could define its next major move.
At the time of writing, PENGU is trading at $0.02994, down -7.17% in the last 24 hours with daily volume near $423M. The decline comes after a week of mixed sentiment, but participants remain focused on the $0.040 to $0.045 breakout zone as the next key test.
At press time, PENGU was trading around $0.02994, down -7.17% in the last 24 hours. Source: Brave New Coin
PENGU Price Prediction: Targeting $0.13 in the Next Leg
The latest setup highlights PENGU coiling into a strong continuation structure, with upside levels marked at $0.09, $0.097, and $0.134. The chart shows a clear rounding bottom and measured move potential that aligns with a breakout case.
PENGU eyes a potential breakout, with targets extending towards $0.13 as accumulation trends strengthen. Source: eddyout via X
eddyout believes that if momentum continues, the push towards $0.13 becomes a realistic target within weeks, as long as the $0.025 to $0.030 zone holds. This structure on Pudgy Penguins reflects growing demand on each dip, setting up a cleaner path for the next impulse higher. With volume starting to build, the timing looks increasingly favorable.
On-Chain Flows Point to Smart Money Interest
On-chain data shared by ah kek shows $4.3M in net inflows from smart money wallets over the past week, marking the first positive streak in three months. This suggests accumulation is returning, with whales and high-conviction traders stepping back in.
PENGU records $4.3M in smart money inflows, hinting at renewed whale accumulation and growing liquidity support. Source: ah kek via X
Such capital movements often precede stronger price legs, as liquidity support increases around key levels. If the trend of inflows continues, it could provide the fuel for sustained rallies rather than short-lived pumps. With large wallets positioning early, retail sentiment may soon follow.
PENGU Approaching Breakout Zone
The recent price action shows PENGU Pudgy Penguins moving in a compressed range with steady volume support. This type of consolidation often precedes breakout moves, especially when volatility contracts around key resistance lines.
Pudgy Penguins participants in a tight range, with a breakout above $0.040–$0.045 likely to spark fresh bullish momentum. Source: fosterdoteth via X
If the breakout confirms, participants could see a swift move towards higher bands near $0.040 to $0.045. The tightening structure adds weight to the bullish bias, as sellers appear to be running out of pressure at current levels. A clean daily close above resistance would further strengthen the bullish case.
High Timeframe Cup-and-Handle Pattern in Play
Byzantine General pointed to one of the cleanest high-timeframe cup-and-handle formations on PENGU’s chart, with the neckline still intact. This kind of setup has historically triggered explosive upside once resistance is cleared.
PENGU forms a high-timeframe cup-and-handle pattern, with $0.025 support holding and a breakout eyeing the $0.10 target. Source: Byzantine General via X
From a technical standpoint, maintaining support around $0.025 keeps the structure valid. A break above the handle formation could quickly open the door to the $0.10 target, aligning with broader bullish projections. The longer this formation holds, the stronger the eventual breakout could become.
Community Strength Adds Fuel to PENGU Momentum
Beyond technicals and on-chain flows, PENGU’s community engagement remains unmatched in the meme coin sector. With social metrics rivaling Pudgy Penguins, the project continues to show cultural strength that often translates into market traction.
Analyst Cryptokaleo This level of community-driven energy creates resilience, where sentiment itself becomes a catalyst. As long as participation remains this strong, the backdrop for further upside stays firmly intact. For meme tokens especially, this combination of hype and structure is a powerful driver.
Outlook: Can PENGU Hold Momentum?
PENGU’s chart shows a clear roadmap, with $0.040 to $0.045 acting as the near-term breakout zone to watch. A daily close above this level could quickly shift momentum towards the $0.05 to $0.06 range, which stands as the first major breakout target. Beyond that, the structure points higher, with checkpoints at $0.09 and $0.097, and a measured move projection that stretches as far as $0.134.
The bullish case remains intact as long as price holds above the $0.025 support zone, where the broader cup-and-handle formation stays valid. This PENGU Price Prediction gains further weight with smart money inflows building and the community pushing momentum.