TL;DR
Pengu is holding up strong around $0.030 after a big run-up. It’s been consolidating here for a bit, and it’s starting to look like we might be gearing up for the next leg. Plus, the community is super active, and there’s a lot going on behind the scenes.
So what’s Happening?
Why Are People Still Bullish?
Pudgy Penguins just sponsored a NASCAR team. Actual race cars with penguins on them.
The Pudgy Party mobile game is blowing up. On-chain interactions, tournaments, great reviews, and people are actually playing.
X (Twitter) is full of believers stacking more at these levels. The meme game is strong, but so is the real use case stuff.
Some guy even said this in a post:
“In a few months we’ll laugh at these prices.” He might be right.
If you're thinking of jumping in, here’s a simple setup, but always do your own research first:
Good risk/reward if you think the sideways chop is ending soon.
Final Thoughts:
Pengu has meme energy, but it also has a growing ecosystem. Between the mobile game, the merch, the community, and real brand exposure.
You don’t have to ape, but if you're watching this one… stay close. This penguin could be heating up!
Pengu is holding up strong around $0.030 after a big run-up. It’s been consolidating here for a bit, and it’s starting to look like we might be gearing up for the next leg. Plus, the community is super active, and there’s a lot going on behind the scenes.
So what’s Happening?
- Price is chilling around ~$0.030
- Strong support holding at $0.029 and I've seen multiple bounces there
- Had a big run-up to $0.07+, followed by a healthy cooldown
- Currently in a classic consolidation phase
- Volume looks solid buyers stepping in under $0.030 every time
Why Are People Still Bullish?
Pudgy Penguins just sponsored a NASCAR team. Actual race cars with penguins on them.
The Pudgy Party mobile game is blowing up. On-chain interactions, tournaments, great reviews, and people are actually playing.
X (Twitter) is full of believers stacking more at these levels. The meme game is strong, but so is the real use case stuff.
Some guy even said this in a post:
“In a few months we’ll laugh at these prices.” He might be right.
If you're thinking of jumping in, here’s a simple setup, but always do your own research first:
- Buy Zone: $0.030–$0.031
- Take Profit: First target at $0.036, second target around $0.045
- Stop Loss: ~$0.028
Good risk/reward if you think the sideways chop is ending soon.
Final Thoughts:
Pengu has meme energy, but it also has a growing ecosystem. Between the mobile game, the merch, the community, and real brand exposure.
You don’t have to ape, but if you're watching this one… stay close. This penguin could be heating up!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.