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Pudgy Penguins (PENGU) Shows Bullish Momentum as Technical Indicators Flash Buy Signals

Pudgy Penguins (PENGU) Shows Bullish Momentum as Technical Indicators Flash Buy Signals

Author:

Global Cryptocurrency

Published:

2025-10-21 00:59:02

18

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BTCCSquare news:

Pudgy Penguins (PENGU) is emerging from weeks of consolidation with renewed bullish momentum. Technical indicators, including a TD Sequential buy signal highlighted by analyst Ali Martinez, suggest a potential trend reversal. The token has held key support levels between $0.021 and $0.022, reinforcing confidence among buyers.

Market participants note tightening price action NEAR $0.0228 as moving averages begin to cross upward. This structural strength, combined with improving momentum across multiple timeframes, points to a possible short-term expansion. The reset phase appears complete, with PENGU poised for recovery if current levels hold.

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