{"id":39909,"date":"2025-08-01T07:02:11","date_gmt":"2025-08-01T07:02:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39909"},"modified":"2025-08-01T07:02:11","modified_gmt":"2025-08-01T07:02:11","slug":"pengu-to-bounce-back-0-11-move-possible-after-bullish-flag-formation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39909","title":{"rendered":"PENGU to Bounce Back? $0.11 Move Possible After Bullish Flag Formation"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">PENGU forms a bullish flag with resistance near $0.045 and support around $0.035.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Analysts highlight $0.110 target as TD Sequential signals buy and longs face liquidations.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Market cap milestones: $0.19 for $10B and $1.10 aligning with Dogecoin\u2019s peak.<\/span><\/li>\n<\/ul>\n<h2><b>Bullish Flag Formation<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Pudgy Penguins\u2019 token, PENGU, is trading near $0.034, with a 24-hour decline of 12% and a weekly decline of 9%. Trading volume stands at $1.13 billion. On the 4-hour chart, the asset has formed a bullish pennant, which consists of a sharp upward move, known as a flagpole, followed by consolidation inside converging trendlines.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Analyst Ali Martinez noted that PENGU shows a textbook bullish flag. The flagpole was formed during the price move to $0.045 in July.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, the current range is between the upper resistance near $0.04\u2013$0.045 and support near $0.035, which matches the 0.786 Fibonacci retracement. Other key Fibonacci levels are $0.029 (0.618), $0.026 (0.5), and $0.022 (0.382).<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24PENGU&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PENGU<\/a> is forming a textbook bullish flag, signaling a potential explosive bullish breakout toward $0.110! <a href=\"https:\/\/t.co\/XcugaQEZFW\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/XcugaQEZFW<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1951028847824216278?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">July 31, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><b>Market Capitalization Levels and Price Range<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">K A L E O <a href=\"https:\/\/x.com\/CryptoKaleo\/status\/1951001748732358776\" data-wpel-link=\"external\" target=\"_blank\">mentioned<\/a> that PENGU is trading under its previous all-time high of $0.068. The token experienced a long decline into early 2025 before breaking two descending trendlines and entering its current range.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The next market cap levels are $0.19 for a $10 billion valuation and $1.10\u2013$1.50, matching Dogecoin\u2019s last cycle peak near $100 billion. These levels serve as the next price zones if the token continues to advance beyond the current resistance.<\/span><\/p>\n<h2><b>PENGU Signals Breakout as Longs Suffer<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Martinez also <\/span><a href=\"https:\/\/cryptopotato.com\/massive-move-incoming-pengu-charts-flash-green\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\"> that the TD Sequential indicator has issued a buy signal. The setup shows the trendline holding as support, a bullish divergence on the RSI, and price moving along the lower edge of its channel.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Consequently, these technical conditions align with the bullish flag structure, which projects a potential target of $0.110 if an upward breakout occurs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, Analyst Sjuul, Founder of AltCryptoGems, <\/span><a href=\"https:\/\/x.com\/AltCryptoGems\/status\/1950919381946429619\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">notes<\/span><\/a><span style=\"font-weight: 400;\"> that the token faces resistance at the current zone. Previous breakouts, such as the one near $0.017, also faced initial rejection before advancing further.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The analyst also advises market participants to consider focusing on buying the dip opportunities at this stage.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Data from Coinalyze shows $4.0 million in liquidations over the last 24 hours. Long positions made up $3.1 million, while short positions totaled $955,900, all in perpetual contracts.<\/span><\/p>\n<figure id=\"attachment_406785\" aria-describedby=\"caption-attachment-406785\" style=\"width: 2386px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/bbZCivHL.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-406785\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/bbZCivHL.png\" alt=\"PENGU liquidations\" width=\"2386\" height=\"1328\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/bbZCivHL.png 2386w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/bbZCivHL-300x167.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/bbZCivHL-1024x570.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/bbZCivHL-768x427.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/bbZCivHL-1536x855.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/bbZCivHL-2048x1140.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/bbZCivHL-50x28.png 50w\" sizes=\"auto, (max-width: 2386px) 100vw, 2386px\"><\/a><figcaption id=\"caption-attachment-406785\" class=\"wp-caption-text\">Source: Coinalyze<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pengu-to-bounce-back-0-11-move-possible-after-bullish-flag-formation\/\">PENGU to Bounce Back? $0.11 Move Possible After Bullish Flag Formation<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR PENGU forms a bullish flag with resistance near $0.045 and support around $0.035. Analysts highlight $0.110 target as TD Sequential signals buy and longs face liquidations. Market cap milestones: $0.19 for $10B and $1.10 aligning with Dogecoin\u2019s peak. Bullish Flag Formation Pudgy Penguins\u2019 token, PENGU, is trading near $0.034, with a 24-hour decline of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39909","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39909"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39909\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}