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BTCC / BTCC Square / Global Cryptocurrency /
Pudgy Penguins (PENGU) Price Prediction: Falling Wedge Breakout Targets $0.048

Pudgy Penguins (PENGU) Price Prediction: Falling Wedge Breakout Targets $0.048

Author:
Global Cryptocurrency
Published:
2025-08-03 23:08:03
6
1
BTCCSquare news:

Pudgy Penguins (PENGU) is showing signs of a potential bullish reversal as technical indicators align. A falling wedge pattern on the 4-hour chart, coupled with RSI divergence, suggests weakening downward momentum. Whale inflows and a firm hold above the $0.0315 support level add credence to the setup.

The cryptocurrency now faces a critical test at the descending trendline resistance. A breakout could propel PENGU toward $0.048, confirming the bullish pattern. Market participants are watching for a decisive move as compression tightens and volatility appears imminent.

|Square

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