The PENGU token is showing signs of a potential breakout, with analysts predicting a significant surge this September. This bullish outlook stems from several factors: A forming falling wedge pattern suggests a reversal after recent declines, while increased visibility brought about by the launch of Pudgy Party, Ethereum’s official endorsement of the project, and further developments in its mobile game. Crypto analyst Ali Martinez highlights that the token’s pullback aligns with Fibonacci retracement levels, indicating potential for a strong upward move within the larger bullish trend. His chart predicts a possible breakout target of $0.064 and potentially up to $0.18 USDT.