Technical indicators point to a potential breakout for $PENGU as community sentiment and market signals align—could this mark a turning point?
The crypto market thrives on narratives—and few tokens carry a stronger story than Pudgy Penguins ($PENGU). Born from one of the most iconic NFT collections in Web3, $PENGU has weathered volatility, market corrections, and a turbulent airdrop launch. Now, according to top analyst @ali_charts, the tide may be turning.
#PudgyPenguins $PENGU looks primed for a rebound to $0.015 as the TD Sequential flashes multiple buy signals near this channel’s lower boundary! pic.twitter.com/GAps6MyADM
— Ali (@ali_charts) May 28, 2025
A recent technical analysis shared on X (formerly Twitter) suggests $PENGU could rally to $0.015, marking a potential 19% upside from its current price. Let’s explore the signals behind this forecast and what it could mean for traders and collectors alike.
Technical Setup: Descending Channel Meets TD Sequential Buy Signal
On May 28, 2025, @ali_charts published a chart via TradingView showing $PENGU locked in a descending channel—a pattern often associated with bearish consolidation. Yet $PENGU now sits at a key support level near the channel’s lower boundary, a zone where reversals frequently occur.
The most bullish clue? The TD Sequential indicator has lit up with multiple buy signals, including a green “13” and “1” on the 4-hour chart. Widely used in crypto for identifying exhaustion points in trends, this setup could suggest that sellers are losing steam—and buyers may soon take control.
At the time of analysis, $PENGU traded at $0.01256, down nearly 2% over 24 hours, but holding a market cap of $789.5 million, according to CoinMarketCap, placing it firmly in the top 100.
Beyond the Chart: Pudgy Penguins’ Cultural Clout
Originally launched in July 2021 as an NFT collection of 8,888 cartoon penguins, Pudgy Penguins rapidly cemented itself as a Web3 cultural powerhouse. From minting out in 19 minutes to amassing millions of fans across Instagram (696K followers) and TikTok (1.7M likes), the project has transcended its JPEG roots.
The community mantra, “spreading good vibes across the meta,” has resonated with both casual users and serious investors. Appearances in ETF commercials and the successful expansion into physical toys have kept the brand relevant—and now, its native token could follow suit.
$PENGU’s Wild Ride: Airdrop, Selloffs, and a Possible Comeback
Since launch, the $PENGU token has experienced high volatility. Following an airdrop that initially excited holders, the token plummeted over 50%, with NFT floor prices declining in parallel. Yet not all is bearish: recent events like Binance’s HODLer Airdrops and a 13% price surge earlier this month have reignited momentum.
With a 24-hour trading volume of $86.4 million, $PENGU continues to attract active interest—an important signal in a market where liquidity often dictates price potential.
Traders React: Confidence Grows Around @ali_charts’ Call
The community has responded enthusiastically to @ali_charts’ bullish thesis. X users such as @ppmctweets and @imprettypudgy posted celebratory memes and artwork, while others like @bogatimur66032 praised the analyst’s track record.
Still, voices like @CindyPugh165494 caution against over-reliance on any one signal, noting that broader market sentiment—fueled by multiple influencers—often drives short-term moves.
Caution: One Indicator Isn’t Enough
While the TD Sequential is respected among traders, it’s not a silver bullet. A 2024 report by OneSafe Blog emphasizes that its reliability can diminish on longer timeframes or during high volatility. For traders watching $PENGU, it’s wise to seek confirmation through other indicators, such as RSI, MACD, or a volume breakout above the descending channel’s upper trendline.
If support holds and volume increases, the rebound to $0.015 is plausible. If support breaks, further downside could test prior lows.
What’s Next for $PENGU?
If the price can break above the descending channel, bulls could target $0.015 in the short term. A clean breakout might signal renewed investor confidence—not just in the token, but in the broader Pudgy Penguins brand. This could also have a positive feedback loop effect, potentially lifting floor prices for the NFTs as well.
However, failure to maintain current levels might trigger a retest of lower supports—a risk traders should watch closely, especially in light of broader market movements.
Final Thoughts: Can the Penguins March On?
$PENGU’s path forward is more than just a price chart—it’s a test of community resilience, brand strength, and investor conviction. With technical indicators flashing green and the community still vibrant, the stage is set for a possible turnaround.
Whether it waddles back to $0.015—or beyond—Pudgy Penguins continues to represent one of the most unique stories in crypto. As always, eyes are on the charts, but hearts remain with the penguins.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
<p>The post Pudgy Penguins ($PENGU) Eyes 19% Rebound as TD Sequential Signals Bullish Reversal first appeared on Coin Crypto Newz.</p>
