BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Pudgy Penguins (PENGU) Price Prediction: Falling Channels and Wedge Patterns Hint at Major Breakout
Pudgy Penguins (PENGU) Price Prediction: Falling Channels and Wedge Patterns Hint at Major Breakout
7
1
BTCCSquare news:
Pudgy Penguins (PENGU) is showing signs of a potential breakout despite broader market cooling. The token maintains a bullish structure above the critical $0.028 demand zone, a level that has historically served as both breakout and retest territory. Analysts highlight consolidation between prior range highs and support, suggesting a bounce toward $0.045 could materialize if key levels hold.
Community sentiment remains divided but resilient, with the Pudgy Penguins ecosystem ambitiously targeting a $2.5 billion market cap. Technical setups, including falling channels and wedge patterns, underscore the potential for volatility. Market participants are watching for confirmation of either a continuation leg or a breakdown.
By:
Previous
PUMP Token Rebounds on Aggressive Buyback Strategy Amid Skepticism
Next
Carvana Stock Surges on Strong Q2 Earnings Performance
