PENGU Drops 8% Daily But Analyst Sees 200% Pump Next

TL;DR Pudgy Penguins dipped 8% to $0.032 today, yet analysts eye a bullish breakout above $0.036. Rising volume signals strong participation, with upside targets stretching toward $0.062, $0.064, and $0.10. Support rests at $0.0296 and $0.0257 if PENGU fails to break resistance at $0.036. Market Performance Pudgy Penguins (PENGU) slipped about 8% over the past day, changing hands near $0.032 with trading volume around $537 ￰0￱ pullback follows a strong rally earlier this month, though the token still shows a small weekly gain of 1%.

Meanwhile, the decline came as the project announced its Season 2 campaign, including a $100 million PENGU token ￰1￱ move was launched after the project’s market capitalization climbed above $2 billion, underscoring its recent rise in ￰2￱ Ali Martinez said PENGU is close to breaking higher, adding: $PENGU is inches away from a new leg up — $0.10 next! ￰3￱ — Ali (@ali_charts) August 25, 2025 On the 4-hour chart, price trades just below the 0.786 Fibonacci level at $0.036, the upper boundary of a descending channel. A close above this line could open the way toward $0.0466, $0.0643, and $0.0961, matching Martinez’s $0.10 ￰4￱ the move fails, support is seen near $0.0296 and further down at $0.0257, both retracement zones that have held in previous ￰5￱ Views and Momentum CryptoBull_360 described PENGU as ready for a breakout, citing a combination of trendline, horizontal, and Point of Control ￰6￱ pointed to rising volume, often a sign of growing participation, and mapped a possible rally toward $0.062–$0.064, a gain of more than 60% from current levels.

Short-term momentum indicators lean ￰7￱ 9-day moving average sits below the 21-day, a bearish crossover that reflects pressure on the ￰8￱ Relative Strength Index (RSI) stands at 46, showing momentum just under neutral levels.