PENGU – Long Setup IdeaThe chart is showing a potential bounce-play opportunity on PENGU. Price has been in a steady downtrend from the highs, but is now approaching a strong horizontal support zone around 0.027–0.029 USDT.
The idea:
Wait for price to test this support level and confirm rejection.
Entry after signs of
Related pairs
Is $PENGU about to send?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?
Price
PENGU/USDT : Bouncing back and now breaking Trendline resistancePENGU/USDT bounced strongly from horizontal support and is now breaking out of trendline resistance with solid momentum. If this breakout holds, the next target is $0.045.
Always wait for confirmation before entering. Momentum looks promising, but risk management is key.
$Pengu Slippin'!?CSECY:PENGU Hits Key Wave 4 Zone – Time to Chill or Time to Act?
CSECY:PENGU turned down right where we suspected. Now the big question: what comes next?
Price has tagged the lower targets for a possible wave 4. But let’s be clear—nothing is guaranteed. A turn here would fit the Elliott Wave ro
Smart Money Eyes $PENGU – Breakout Watch ON$PENGU/USDT looks healthy on the weekly chart. Price is currently rejecting from the major resistance zone.
A pullback toward the golden Fibonacci level at 0.618 would be healthy before a potential continuation to the upside.
A clean breakout above this resistance could open the door for a new all
Pengu Coin (PENGU): Looking For 1:3 Risk & Reward TradePengu is hovering near the zone of liquidity, where sellers continue to show pressure. Despite that, our attention is on the bullish CME gap, which we intend to see filled.
As soon as buyers reclaim the zone near $0.0295, we are going to look for further movement towards our buy entry.
From there,
PENGU/USDT — Descending Channel!, Bull-Flag or Breakdown?🔎 Technical Analysis
Currently, PENGU/USDT is trading inside a descending channel following a sharp rally in July–August. This structure often appears as a healthy consolidation after a strong impulse move and can be classified as a bull-flag pattern — a potential bullish continuation setup waiting
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of PENGU / TetherUS (PENGU) is 0.033713 USDT — it has risen 2.08% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing PENGU price chart.
PENGU / TetherUS price has risen by 8.16% over the last week, its month performance shows a −17.02% decrease, and as for the last year, PENGU / TetherUS has increased by 898.90%. See more dynamics on PENGU price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
PENGU / TetherUS (PENGU) reached its highest price on Dec 17, 2024 — it amounted to 0.070000 USDT. Find more insights on the PENGU price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
PENGU / TetherUS (PENGU) reached the lowest price of 0.003375 USDT on Dec 17, 2024. View more PENGU / TetherUS dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying PENGU is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade PENGU right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for PENGU / TetherUS (PENGU): today its technical analysis shows the strong buy signal, and according to the 1 week rating PENGU shows the strong buy signal. And you'd better dig deeper and study 1 month rating too — it's strong buy. Find inspiration in PENGU / TetherUS trading ideas and keep track of what's moving crypto markets with our crypto news feed.
PENGU / TetherUS (PENGU) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, PENGU / TetherUS is estimated as 14.69% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about PENGU / TetherUS, you can find more inspiration in our curated watchlists.
You can discuss PENGU / TetherUS (PENGU) with other users in our public chats, Minds or in the comments to Ideas.