đ PENGU Long Strategy â Ready for the Next Leg Up!
The Pudgy Penguins token (PENGU) is showing strong bullish momentum, trading near $0.030 with 24h volume over $1B and a market cap close to $1.9B. With retail hype, NFT brand power, and upcoming ecosystem expansions, PENGU remains one of the most exciting memecoins on the market.
đ„ Why PENGU Looks Strong
Major breakout above $0.025 support â confirmed by strong EMA stacking.
Growing open interest â futures OI recently surged from $280M to $460M, showing institutional and retail participation.
Brand expansion â Pudgy Penguins toys are now in 3,100+ Walmart stores, fueling mainstream adoption.
ETF speculation â A proposed ETF focusing on PENGU assets is boosting sentiment.
đŻ Long Trading Zones
Buy Zone 1: $0.029 â $0.030 (current price)
Buy Zone 2: $0.025 â $0.027 (strong support & 50% Fib retracement)
Targets:
T1: $0.033 â $0.035
T2: $0.040
T3: $0.050 â $0.057 (ATH recovery zone)
â Risk Management
Stop-loss: $0.024
High volatility expected â use DCA instead of chasing pumps.
Keep exposure under 2â5% of your total portfolio due to memecoin volatility.
đ PENGU is poised for a breakout if it closes above $0.033 with volume. Any dip near $0.025 is a golden reload zone for the next leg to $0.04+.
DYOR No Financial advice!