$PENGU /USDT
Current Status & Technical Context
Current price: Approximately $0.0368, with an intraday variation close to -10%, ranging between $0.03598 and $0.04124.
It has risen +73% this month and over +166% in the last 90 days, showing sustained technical strength.
Very clear cup-and-handle formation, with smart money accumulating over $424K in 24 hours and technical resistance at $0.042.
Technical Scenarios
Bullish Scenario
A breakout above $0.042 with volume could project prices towards $0.05–$0.06, according to the cup-and-handle pattern.
More ambitious targets aim for $0.07 —if the technical structure is confirmed— and up to $0.10 in case of sustained momentum.
Moderate / Technical Scenario
If it maintains technical support above $0.030–$0.034, it could solidly advance towards $0.041–$0.046.
Bearish Scenario
A loss of key support at $0.030 could trigger significant corrections towards $0.025 or less.
Extended Projections (2025–2030)
Horizon Bullish Projection Source / Context
Short term $0.05–$0.06 Confirmation of the technical breakout.
Medium term $0.07–$0.10 Additional momentum from sustained volume and technical breakouts.
2025 (Forecast) $0.025–$0.036 Expectations based on market algorithms.
2030–+ long term $0.0469 or up to $0.085–$0.16 Conservative to ambitious estimates from platforms like Binance and Telegaon.
Technical-Strategic Recommendation
Action Condition to execute Target Stop-loss
✅ Buy If it breaks and closes above $0.042 with solid volume Short: $0.05–$0.06<br>Medium: $0.07–$0.10 $0.034
🔁 Wait If it retraces towards $0.030–$0.034 with clear support Retry towards breakout levels $0.028
Summary of Key Objectives
Short term: Consolidation above $0.042 → target between $0.05–$0.06
Medium term: Advance towards $0.07–$0.10 if technical and institutional momentum continues
Extended scenario: Advanced projections reach $0.16, in case of widespread adoption and strong narrative