PENGU Plunges 8% Today - But Analysts Predict 200% Explosion Imminent
PENGU tanks double digits as crypto markets wobble—yet one prominent analyst spots a massive rebound brewing.
The Setup
While retail traders panic-sell, smart money accumulates positions. Today's 8% drop looks like classic shakeout behavior before a major move.
The Prediction
One crypto strategist—who nailed three major altcoin calls this cycle—sees PENGU primed for a 200% surge. Their track record suggests ignoring this signal could be costly.
Market Dynamics
Memecoins thrive on volatility and narrative shifts. This dip might just be the springboard for the next parabolic rally—or another 'financial advisor recommended' disaster in the making.
Market Performance
Pudgy Penguins (PENGU) slipped about 8% over the past day, changing hands NEAR $0.032 with trading volume around $537 million. The pullback follows a strong rally earlier this month, though the token still shows a small weekly gain of 1%.
Meanwhile, the decline came as the project announced its Season 2 campaign, including a $100 million PENGU token giveaway. The MOVE was launched after the project’s market capitalization climbed above $2 billion, underscoring its recent rise in visibility.
Analyst Ali Martinez said PENGU is close to breaking higher, adding:
$PENGU is inches away from a new leg up — $0.10 next! pic.twitter.com/dlk4slbOrS
— Ali (@ali_charts) August 25, 2025
On the 4-hour chart, price trades just below the 0.786 Fibonacci level at $0.036, the upper boundary of a descending channel. A close above this line could open the way toward $0.0466, $0.0643, and $0.0961, matching Martinez’s $0.10 target.
If the move fails, support is seen near $0.0296 and further down at $0.0257, both retracement zones that have held in previous dips.
Analyst Views and Momentum
CryptoBull_360 described PENGU as ready for a breakout, citing a combination of trendline, horizontal, and Point of Control resistance. He pointed to rising volume, often a sign of growing participation, and mapped a possible rally toward $0.062–$0.064, a gain of more than 60% from current levels.
Short-term momentum indicators lean cautious. The 9-day moving average sits below the 21-day, a bearish crossover that reflects pressure on the trend. The Relative Strength Index (RSI) stands at 46, showing momentum just under neutral levels.
PENGU trades in a narrow band, with bulls looking for a breakout above $0.036–$0.037 to trigger the next leg higher. A decisive push with volume could drive the price toward $0.06 and $0.10, while a failure to clear the resistance leaves the token exposed to consolidation near $0.031 or even a retest of $0.028.
