Will PENGU Fly in September? Analysts Predict Major Upside

TL;DR PENGU trades in a falling channel, nearing breakout zone with Fibonacci targets up to $0.191. RSI and moving averages show cooling momentum, but the broader uptrend remains technically ￰0￱ Pudgy Penguins game goes live as volume spikes and analysts eye $0.14 resistance ￰1￱ Forms Bullish Setup on the Chart Pudgy Penguins (PENGU) is trading around $0.029, showing a decline of 4% in the last 24 hours and 10% over the past week, based on current market ￰2￱ recent drop follows a strong rally earlier this summer and has brought the price back into a range seen as a key support ￰3￱ the daily chart, PENGU is moving within a falling channel after a sharp rise from below $0.008 to just under $0.046 in ￰4￱ price is now near the 0.786 Fibonacci retracement level at $0.0317, which is often watched during corrections for signs of a ￰5￱ analyst Ali Martinez described the current move as a “healthy pullback” and suggested that a new leg higher could form in ￰6￱ PENGU breaks above the top of the falling channel, the next price zones could extend to $0.0466, $0.070, $0.098, $0.141, and $0.191, based on Fibonacci ￰7￱ looks like a healthy pullback for $PENGU before the next leg ￰8￱ is going to be lit!! ￰9￱ — Ali (@ali_charts) September 1, 2025 Analyst Sees $0.14 as Key Target If Support Holds According to @XFinanceBull, PENGU has returned to a buy zone between $0.025 and $0.032.

The trendline from earlier this year remains intact, and the price continues to trade above it. “This thing rips past $0.14 easily,” the analyst said , referring to the next resistance level that could come into play if demand increases. A long-term price level of $0.560 is also marked on the ￰10￱ this is far from current prices, it reflects possible upside if adoption continues through products, games, and other use cases that are currently not priced ￰11￱ Slows But Broader Trend Still Intact On the weekly chart, PENGU sits under its 9-week moving average ($0.0338), but it is still above the 21-week moving average ($0.0210). This indicates some short-term weakness, but the long-term trend remains intact, provided PENGU does not move below the lower moving average.

Meanwhile, the RSI reading of 54 is a little bit below its 14-week average of 55, which indicates some deceleration in ￰12￱ more telling is the fact that it is still above 50, which indicates that the buyers are still in control.