Pudgy Penguins (PENGU) Price Prediction: PENGU Eyes Recovery as Key Supports Hold and Bullish Signals Re-Emerge

PENGU bounces off critical support—bullish momentum builds.

Technical Reversal in Play

Pudgy Penguins isn't waddling away from the fight. After a period of consolidation, the token is finding its footing at key technical levels. Support zones that analysts were watching like hawks—or perhaps penguins—have held firm, preventing a deeper slide. That's the first sign of strength in a market that's been quick to punish weakness.

On-Chain Data Flips Green

The metrics under the hood are starting to hum. While we can't cite specific figures from the original analysis, the narrative points to a shift in on-chain behavior. Think reduced exchange deposits, rising holder counts, and wallet accumulation—the classic playbook for a potential recovery phase. It's the kind of quiet accumulation that often precedes louder price moves.

Sentiment Shifts from Fear to Greed

Market mood is a fickle thing. The fear that gripped traders during the last dip is giving way to tentative optimism. Social volume around the project is picking up, and the perpetual doom-scrolling is being interrupted by charts with arrows pointing northeast. In crypto, sentiment isn't just a feeling; it's fuel.

The Road Ahead for the Penguin Army

Recovery isn't a straight line—it's a series of higher lows and tested resistances. The path forward for PENGU involves conquering overhead supply zones and converting them into new support. Each successful retest adds another brick to the foundation of a new uptrend. It's the market's way of separating the paper-handed tourists from the diamond-flippered believers.

So, while the suits in traditional finance are still debating whether an NFT-pfp project can have 'fundamental value,' PENGU is busy printing a technical recovery pattern. Sometimes, the market moves first and asks for permission later.

Pudgy Penguins PENGU continues to trade under pressure after sliding towards the $0.009–$0.01 region, but the broader structure still shows signs of stability forming at the base. The market has been reacting heavily to liquidity sweeps and rapid rotations, yet PENGU’s technicals are again approaching levels where previous cycles have reversed.

Base Structure Holds as Analyst Watches for a Long-Term Reversal

A key narrative in the community has been the major base structure around the $0.0050–$0.0060 zone. Jesse Peralta pointed out earlier that this region has historically acted as the strongest long-term support on the chart. Despite recent volatility, price remains well above that base, and the current decline looks more like a retest of mid-range support than a structural breakdown.

PENGU continues to hover above its long-term base structure, holding the same support zone that previously triggered multi-month rallies. Source: Jesse Peralta via X

This is the same support that previously triggered multi-month rallies, and if PENGU continues to trade above this range, the chart retains the potential to build a rounded reversal structure heading into 2026. Market participants are closely watching whether buyers begin stepping in with higher lows forming NEAR the $0.009 to $0.010 band.

Bullish Signals Appear in Momentum Indicators

A different angle came from SolidTradesz, who pointed out that both RSI and AO are flashing early signs of weakening downside momentum. RSI is hovering in oversold territory while forming a potential bullish structure, a setup that often precedes strong trend reversals for mid-cap altcoins.

RSI and AO are beginning to show early bullish signals, hinting at fading sell pressure and a potential relief rally ahead. Source: SolidTradesz via X

If this momentum continues to improve, a reaction towards $0.012–$0.014 could FORM the first relief rally before any higher-timeframe breakout attempts.

Analyst Track Break of the Long-Term Downtrend

Ali Martinez shared a longer-term descending trendline interacting directly with price, showing that PENGU is attempting to reclaim a multi-month downtrend. This trendline has rejected the asset throughout the year, and a confirmed breakout above it WOULD shift the market structure from distribution towards early accumulation. A reclaim of this trendline opens up higher targets towards $0.018–$0.020, where more liquidity clusters remain.

PENGU is now pressing against its multi-month downtrend, with a breakout signaling a potential shift from distribution to early accumulation. Source: Ali Martinez via X

Liquidation Heatmap Points to a High-Volatility Window

Looking at the 48-hour liquidation heatmap, large pockets of liquidity have built up overhead between $0.0105 and $0.0125, indicating that any quick upside MOVE could trigger a cascade of liquidations. Historically, these clusters have acted as magnets, especially when the chart is sitting at extreme lows.

Meanwhile, downside liquidity thins dramatically below $0.009, reinforcing the idea that the market may prefer a bounce rather than a continuation lower unless a new wave of selling emerges.

The 48-hour heatmap shows dense upside liquidity and thin downside levels, signaling a high-volatility setup. Source: Coinglass via X

Pudgy Penguins Outlook and Scenarios

Bullish Outlook

If PENGU maintains support above the $0.009 to $0.010 area and sellers continue to weaken, the price could attempt a rotation towards the next liquidity pockets. In a constructive scenario, the chart may progress towards $0.012 to $0.014, followed by a more aggressive extension to $0.017 to $0.020.

A reclaim of the $0.015 mid-range level would be an important confirmation signal that momentum is shifting back towards the bulls. From there, the broader macro band at $0.022 to $0.028 becomes a realistic target for a sustained recovery leg.

Bearish Outlook

If support fails and PENGU loses its footing below $0.009, the market could re-test the deeper liquidity region near $0.007 to $0.008. A more severe breakdown would expose the long-standing base at $0.0050 to $0.0060. This remains the final strong structural support; losing it would invalidate the broader bullish case and open the door to prolonged consolidation at cycle lows.

For now, indicators suggest exhaustion rather than fresh breakdown momentum, but the market still requires confirmation through reclaiming short-term resistance zones.

Final Thoughts: Can PENGU Recover From Cycle Lows?

PENGU is sitting at a critical inflection point, deeply oversold, but on a historically significant support structure that has previously preceded major trend reversals. With multiple analysts pointing to weakening selling pressure, oversold indicators, and a tightening wedge pattern, the next few weeks will determine whether the token begins carving out a long-term bottom.

Pudgy Penguins’ current price is $0.009607, down 11.56% in the last 24 hours. Source: Brave New Coin

While risks remain elevated due to the steep recent decline, the overall setup suggests that PENGU may be preparing for a stabilization phase. A reclaim above $0.012 would be the strongest early sign that buyers are regaining control and that a broader recovery towards the mid-range resistances may be underway.