Pudgy Penguins (PENGU) is showing the first real sign of strength after weeks of steady decline, with several high-timeframe indicators suggesting that the market may be attempting to form a bottom.Pudgy Penguins (PENGU) is showing the first real sign of strength after weeks of steady decline, with several high-timeframe indicators suggesting that the market may be attempting to form a bottom.

Pudgy Penguins (PENGU) Price Prediction: Can Bullish Signals Spark a Move Towards $0.015 and Beyond?

2025/12/06 18:14

While volatility remains elevated, the latest structure aligns with conditions that have previously preceded sharp recoveries in meme-driven altcoins.

High-Timeframe Indicators Point Toward a Potential Bottom

The strongest development comes from analyst Ali Martinez, who reported a weekly TD Sequential Buy Signal, which is one of the most reliable exhaustion indicators. Historically, this signal appears at moments of trend fatigue, often marking the beginning of a new upside phase or a multi-week relief rally.

PENGU continues to defend the $0.010–$0.011 zone, with a weekly TD Buy Signal hinting at a potential reversal brewing. Source: Ali Martinez via X

Price action supports this reading as PENGU has been basing tightly around $0.010–$0.011, showing diminishing sell pressure and early demand absorption. Long wicks on recent candles reinforce the idea that buyers are quietly returning to defend this zone.

Bullish Patterns Forming on Lower Timeframes

Short-term market structure has also started to look increasingly constructive, with multiple analysts spotting early reversal signals on the lower timeframes. Pick highlighted the development of a 4H bull flag forming between roughly $0.0108 and $0.0122, a zone that has repeatedly acted as the midpoint of recent price rotation. This flag is emerging right after PENGU’s rebound from the lower demand region near $0.0095 to $0.0100, creating a classic setup where a breakout above the flag’s upper boundary could open the door to a quick push back towards the $0.0135–$0.0140 reaction zone.

Pudgy Penguins is carving out a clean 4H bull flag, tightening between $0.0108 and $0.0122 as momentum slowly shifts back toward buyers. Source: Pick via X

Adding to that, Richie pointed out a significant bullish divergence on the daily RSI, with price making fresh lows around $0.0090 while RSI printed a higher low, a strong sign that downside momentum has begun to exhaust.

Daily RSI is printing a clear bullish divergence, signaling momentum exhaustion even as PENGU briefly dipped toward $0.0090. Source: Richie via X

Together, the bull flag on the 4H timeframe, the daily RSI divergence, and the engulfing reversal candle create a tightly aligned cluster of bullish signals, the type of confluence that often precedes multi-day upside attempts. When layered on top of the higher-timeframe TD Sequential buy signal, the alignment becomes even more compelling.

Smart Money Data Raises a Caution Flag

While the technical picture leans constructive, participants should note one caution point: Stalkchain reported that PENGU was the most sold token by smart money in the last 24 hours.

This doesn’t invalidate the bullish setup but serves as a reminder that early reversal phases can be noisy. Smart-money rotation is common before strong trend shifts, but it also means traders should avoid chasing breakouts without confirmation.

Smart-money flow shows PENGU as the most sold token in the past 24 hours, adding a layer of caution to an otherwise constructive setup. Source: Stalkchain via X

For now, the spike in smart-money selling is best treated as a risk signal, not a trend-ending event.

PENGU Price Prediction: Can This Structure Drive a Strong Rebound?

PENGU’s market structure is finally offering a constructive path for recovery, assuming support near $0.010 continues to hold:

If bullish structure holds:

  • Initial target: $0.013–$0.015 (first liquidity pocket).

  • Breakout target: $0.017–$0.020 (major supply zone + measured move from bull flag).

Momentum-based rallies in meme-themed tokens often accelerate quickly once liquidity flips, and the present confluence of signals suggests that PENGU is well-positioned if the broader market remains stable.

Pudgy Penguins’ current price is $0.01169, down -3.86% in the last 24 hours. Source: Brave New Coin

Final Thoughts

The technical picture is improving across multiple timeframes, and analyst signals are starting to align in a way that hasn’t been seen for weeks. If the market remains steady and buyers continue to defend the current base, PENGU Pudgy Penguins has a real chance to extend this early momentum into a broader recovery phase.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
UNI Price Prediction: Critical Support Test at $5.37 – Next Target $7.88 by January 2025

UNI Price Prediction: Critical Support Test at $5.37 – Next Target $7.88 by January 2025

The post UNI Price Prediction: Critical Support Test at $5.37 – Next Target $7.88 by January 2025 appeared on BitcoinEthereumNews.com. Peter Zhang Dec 06, 2025 06:55 UNI price prediction shows critical support test at $5.37 with potential rebound to $7.88 target. Technical analysis reveals oversold conditions setting up recovery. Uniswap (UNI) is trading at a critical juncture as the token tests key support levels following a sharp 7.39% decline in the past 24 hours. With UNI currently priced at $5.51, our comprehensive technical analysis reveals both immediate risks and potential opportunities for the leading decentralized exchange token. UNI Price Prediction Summary • UNI short-term target (1 week): $6.20-$6.50 (+12-18%) • Uniswap medium-term forecast (1 month): $7.50-$8.35 range• Key level to break for bullish continuation: $5.98 (24h high) • Critical support if bearish: $5.37 (immediate support) Recent Uniswap Price Predictions from Analysts Recent analyst predictions show a mixed but cautiously optimistic outlook for UNI. Altpricer’s UNI price prediction targets $7.81 in the short term, citing slight upward momentum despite current volatility. Meanwhile, CoinCodex maintains a more conservative Uniswap forecast with an $8.35 target, though their analysis acknowledges bearish sentiment with key support levels identified at $9.02, $8.69, and $8.43. The consensus among analysts suggests that while immediate pressure exists, the UNI price target range of $7.81-$8.35 represents realistic upside potential once current support levels hold. However, confidence levels remain moderate due to broader market uncertainty and DeFi sector headwinds. UNI Technical Analysis: Setting Up for Potential Recovery The current Uniswap technical analysis reveals several compelling signals that support a cautiously bullish outlook. With UNI trading at $5.51, the token sits precariously close to its immediate support at $5.37, just 2.5% below current levels. The RSI reading of 39.09 indicates UNI is approaching oversold territory without being deeply oversold, suggesting limited downside momentum. More importantly, the Bollinger Bands analysis shows UNI at a %B…
Share
BitcoinEthereumNews2025/12/07 04:31