TL;DR PENGU held support at $0.0316, confirming breakout with Fibonacci targets now at $0.0466 and $0.0761. The chart shows a bullish flag pattern; a breakout could push PENGU toward $0.074, more than doubling its current 1 and Stochastic RSI point to strong momentum, though near-term pullbacks remain a 2 Pushes Higher After Retest Pudgy Penguins (PENGU) was trading at $0.037 at press time, showing a 10% gain in the past 24 hours with a trading volume of $528 3 the last week, the token has risen by 9%, signaling stronger interest from 4 the 12-hour chart, PENGU had broken out above a descending channel that had kept prices moving lower since late 5 breakout was confirmed as $0.032 held as support during the 6 levels suggest next targets around $0.047, $0.064, and $0.076, with extended projections pointing toward $0.096 if momentum 7 Ali Martinez said, Successful bullish retest!
Now $PENGU has resumed the rally to $0.090! 0 8 — Ali (@ali_charts) September 18, 2025 Bullish Flag Signals Higher Target Analyst Bitcoinsensus highlighted a bullish flag pattern forming after months of sideways trading earlier this 9 breakout from accumulation created a steep flagpole, followed by a pullback inside a downward 10 structure is often read as a continuation setup, where consolidation is followed by another push 11 noted, $PENGU Bullish Flag in Play! After strong accumulation, price formed a massive flagpole Now consolidating inside a bullish flag channel Breakout target sits around $0.074 — momentum could send it flying #PENGU #Crypto 12 — Bitcoinsensus (@Bitcoinsensus) September 17, 2025 At current levels near $0.037, that would mean more than doubling in price if the breakout 13 addition, Momentum readings align with the bullish 14 MACD line has moved above the signal line, and the histogram has flipped positive, pointing to building strength on the 15 Stochastic RSI is trending higher at 78 and 66, close to the overbought 16 suggests intense buying pressure but also leaves room for short-term pullbacks before further moves higher.) Q2 earnings report on the 17 mention introduced the project to a broader financial audience.
Structurally, the charts point higher with indicators assuring 18 attention is coming in as 19 remains under active scrutiny as traders ponder whether the rally can extend toward the projected levels.
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