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Pudgy Penguins (PENGU) Price Prediction: Tight Range May End With a 20% Breakout Towards $0.025

Pudgy Penguins (PENGU) Price Prediction: Tight Range May End With a 20% Breakout Towards $0.025

Author:

Global Cryptocurrency

Published:

2025-10-30 21:12:03

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BTCCSquare news:

Pudgy Penguins' PENGU token is consolidating in a narrow range around $0.020-$0.021, following a mild pullback from recent highs NEAR $0.025. The price action suggests an impending breakout, with technical indicators pointing to either a test of $0.018 support or a bullish surge past $0.022 resistance.

Market volume remains stable at approximately $270 million, reflecting cautious participation as traders await a decisive catalyst. On-chain data reveals steady accumulation, with daily transaction volume exceeding $200 million and smart money positions building at current levels.

The token's resilience at key support levels underscores underlying demand, despite recent price weakness. This compression phase, if maintained above $0.019, could establish the foundation for a significant upward move.

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