The price of Pudgy Penguins (PENGU) is surging, with analysts predicting a potential rise to $0.035 if it closes above the $0.026 level. This optimistic outlook comes from a descending triangle pattern, a technical signal often suggesting a reversal after a downtrend. 📈 📉 ⬆️ While market sentiment remains mixed amidst recent price volatility, the token’s bullish trajectory is gaining traction.
Crypto enthusiast Ali (@ali_charts) shared an optimistic view of $PENGU on X, highlighting the potential for significant recovery based on a key resistance level at $0.026. Reaching this mark could propel the token toward a target of $0.035, presenting investors with a promising opportunity.
Key Points:
– $PENGU’s 1-hour chart reveals a potential breakout, according to Ali’s analysis.
– The token is seeing a boost from community engagement and the hype surrounding the upcoming