Pingu Coin (PUDGY) Technical Analysis & Trade Setup
Pingu Coin is showing remarkable strength in the meme coin sector, holding key support while others retrace. Despite a broader market cooldown, PUDGY continues to consolidate above a critical demand zone, signaling potential for another leg up.
Current Observations:
Market Cap: ~$700M
Volume: ~$137M (strong and rising)
Support Zone: $0.00000091 – $0.00000097
Resistance Zone: $0.00000095 – retested multiple times
Accumulation Phase: Price is forming a base near $0.00000095, indicating a strong bullish structure.
Technical Insights:
On the 2D chart, the coin is holding well above major support, following a 30% correction—likely resetting indicators.
The coin is showing signs of a breakout pattern after repeated tests of the $0.00000095 level.
Trade Setup:
Entry Zone (Spot/Low-Leverage): $0.00000096 – $0.00000097
Stop Loss (Tight): Below $0.00000093 (for futures or high-leverage trades)
Targets:
TP1: $0.00000117
TP2: $0.00000167
Long-Term Potential: Revisit ATH at $0.0000046 (600%+)
Outlook:
As long as Pingu stays above the $0.00000091-$0.00000093 zone, bullish momentum remains intact. Volume trends and market behavior suggest smart accumulation is in progress.
