$PENGU /USDT
The essentials of the moment:
Current price: approximately $0.0331, with an intraday range between $0.0329 and $0.0384.
From its lows, it has risen about 24% in the last month and is far from the ATH of $0.068, reached in December 2024.
Key Technical Scenarios:
Scenario Condition Technical Objectives
Bullish If it surpasses and maintains above $0.038–$0.040 Short: $0.0404 → Follow: ~$0.046 → Extended: ~$0.07
Neutral Consolidates between $0.033–$0.038 Solid base in current zone for re-impulse
Bearish If it falls below $0.033 Risk of new correction towards ~$0.030 or less
Fundamental Context:
A technical breakout has been marked from an accumulation range, with solid support at $0.034–$0.035, suggesting momentum building.
On the monthly framework, technical signals (indicators and moving averages) are aligned towards Strong Buy, which fuels the medium-term bullish thesis.
In the background, progress is being made towards a potential ETF Canary PENGU that would primarily include PENGU tokens and NFTs, which would bring greater institutional visibility and structural adoption.
Flash Recommendation:
Action Key Condition Tactical Objective
Buy Closes above $0.038–$0.040 Short: $0.0404 → Medium: $0.046+
Wait Retraces to $0.033–$0.034 with validated support Tactical re-entry
Flash Summary:
Technical momentum is very present, backed by solid monthly growth.
Breakout above $0.038–$0.040 triggers a rally towards $0.046 and beyond ($0.07+).
Critical support at $0.033–$0.034; its break would indicate a loss of bullish momentum.