$PENGU /USDT

Current Status & Technical Context

Current price: around $0.0370, with a slight drop of -3% from the previous close.

Its quotation has remained between $0.036–$0.038 in the last week, reflecting some consolidation after a strong intramonth rise.

Interpreted as “Asia’s $DOGE”, PENGU has gained visibility in Asia and institutional levels, while a bullish pennant and cup-and-handle pattern point to a continuation of the rally.

Technical Scenarios

Bullish

A decisive close above the $0.042–$0.044 zone would break a key resistance and activate upward potential towards $0.05–$0.06, and if it remains strong, up to $0.08–$0.11.

Rally Looming / Short term

With firm support between $0.0315–$0.032, the asset could bounce towards the mentioned limits —especially if a short squeeze activated by concentrated technical volume emerges.

Bearish

If it loses the base support (~$0.032), it would likely retreat towards $0.030 or lower, temporarily invalidating the optimistic technical scenario.

Extended Projections (2025+)

Horizon Average Bullish Scenario

Day/sig.: $0.042–$0.044, with the possibility of reaching $0.050–$0.060.

End of August 2025 $0.05–$0.08, if the breakout and momentum persist.

Extended Narrative More speculative scenarios point towards $0.11, driven by whale accumulation and institutional listing.

Technical-Strategic Recommendation

Action Key Condition Objectives Stop-loss

✅ Buy If it closes sustained above $0.042–$0.044 with solid volume Short: $0.05–$0.06<br>Medium: $0.08–$0.11 $0.032

🔁 Wait If it retreats towards $0.032–$0.035 and shows firm technical support Prepare for entry on breakout retry $0.030

Summary of Key Objectives

Short term: break $0.042 and aim for $0.05–$0.06.

Medium term: explore up to $0.08 if technical momentum prevails.

Extended scenario: upward potential towards $0.11 driven by fundamental and technical factors.