📈 Analysis and forecast for $PENGU on Binance: what's next? 📉
As of 09:46 EEST, July 10, 2025, the price of $PENGU on Binance is $0.018134, demonstrating a strong increase of 22.95% over the last 24 hours. This surge reflects explosive interest in Pudgy Penguins, a meme coin on Solana, fueled by recent news about ETFs and the rising popularity of the NFT collection. The increase in trading volume highlights community activity.
Technically, $PENGU is in a strong uptrend. On the 4-hour chart, the 50-day SMA has crossed above the 200-day SMA, signaling bullish momentum. The RSI (14) at around 65 is close to the overbought zone, indicating growth potential but requiring caution. Key resistance is at $0.019, a breakout of which could open the way to $0.022. Support is observed at $0.017, with further support at $0.015. Holding above $0.018134 maintains the current momentum.
Forecast: In the coming days, PENGU may test resistance at $0.019, with a chance to rise to $0.022 by mid-July 2025 if the hype continues. By the end of 2025, a rise to $0.03–$0.05 is possible if interest in NFTs and community support continues. The long-term outlook for 2030 is $0.10+, assuming mass adoption and a successful ETF launch. Risks include correction due to volatility and overbought conditions. However, current dynamics look promising due to branding and listing on Binance.
Outlook? A rise of 22.95% and a price of $0.018134 are close to resistance at $0.019. Buying at $0.017 with a target of $0.022 and a stop-loss at $0.015 may be justified. PENGU stands out due to the popularity of Pudgy Penguins and support from Binance, attracting investors. Community activity highlights speculative potential.
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