$PENGU / USDT
The essentials of the moment:
Current price: approximately US $0.0313, with an intraday drop close to -5%.
Defended technical support:
Firm base between $0.030–$0.032, level used as an accumulation point in previous technical definitions.
Impulse technical pattern:
A symmetrical triangle has been observed, whose breakout could lead to a rally towards $0.07–$0.08. This aligns with the imminent momentum and impulse analysis.
Context of very high volume and popularity:
Trading volume in the last 24h close to $600 million, significantly high for a meme-coin with a market cap of ~$1.97 bn.
It has consistently positioned itself among the tokens with the highest volume and mentions on social media, reflecting strong public attention.
Technical and fundamental projections:
Monthly technical analysis shows a mostly bullish signal (12 buy signals vs. 1 neutral, and no sell signals).
Forecasts suggest targets between $0.079 (2025) to $0.20 (2030–2031) if momentum and structural adoption via the NFT ecosystem and Abstract Network are maintained.
The project is also on the horizon of a potential ETF focused on PENGU, which could scale its financial adoption.
Technical Scenarios
Scenario Key Condition Potential Targets
Bullish Firm close above $0.035–$0.036 Short: $0.044 → Medium: $0.08 → Extended: $0.10+
Neutral Range between $0.030–$0.035 Accumulation zone awaiting breakout
Bearish Break below $0.030 Risk of drop towards $0.025–$0.028
Express Recommendation
Buy if PENGU closes sustainably above $0.035–$0.036, confirming the technical pattern and activating upside potential.
⏸ Wait if it is still trading between $0.030–$0.035, until clear volume or close is observed before entering.
