PENGU Primed for Liftoff? Bullish Retest Signals 180% Move Ahead

TL;DR PENGU forms bullish retest at $0.035, setting the stage for a potential rally toward $0.09. Cluster of EMAs and Fib level near $0.03178 offers short-term support for ￰0￱ profile shows strong buyer interest at $0.032–$0.033, supporting the current consolidation ￰1￱ Pullback Tests Key Support PENGU was trading at $0.033 at the time of writing, showing a 24-hour decline of 6% and a 7-day drop of 4%. This pullback follows a breakout from a downward channel that started in late July. Meanwhile, the move above the channel resistance happened around mid-September, marking a shift in price ￰2￱ then, the asset has retreated toward the $0.035 area, which is now being tested as ￰3￱ Martinez noted that the current setup “looks like a bullish retest before PENGU resumes a new leg up to $0.09.” The daily chart shows the price holding just under the 0.786 Fibonacci retracement level at $0.0361.

This zone between $0.035 and $0.036 is being watched ￰4￱ it holds, traders may look for continued strength toward higher levels.) September 15, 2025 A stable reaction here would support the idea of consolidation before another attempt to move ￰5￱ the area fails, the next level on the chart is around $0.0271, which could act as a secondary ￰6￱ Data Supports Current Range The VPVR (Volume Profile Visible Range) shows a high concentration of trading volume between $0.032 and $0.033, marking this as a high-interest ￰7￱ Point of Control (POC) is also located here, showing that this level has attracted the most volume over the visible time range.