{"id":52618,"date":"2025-10-13T17:31:41","date_gmt":"2025-10-13T17:31:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52618"},"modified":"2025-10-13T17:31:41","modified_gmt":"2025-10-13T17:31:41","slug":"pengu-bounces-80-after-massive-crash-is-0-13-the-next-target","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52618","title":{"rendered":"PENGU Bounces 80% After Massive Crash: Is $0.13 the Next Target?"},"content":{"rendered":"<div>\n<p>After falling sharply last week, PENGU is now on the rise again and has recorded a 13% increase in the last 24 hours. Moreover, it has gained 80% since the $0.014 low (on CoinGecko) marked during the market-wide crash.<\/p>\n<h2>Channel Support Remains Intact<\/h2>\n<p>According to a weekly chart shared by Ali Martinez, PENGU is still holding within a descending channel that has been in place since July. The recent drop caused a long wick below the structure, but the candle closed back inside the channel. The asset is now approaching $0.026, with support seen at $0.023.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">What happened on Friday was far from normal. Some call it a black swan; others call it extreme manipulation.<\/p>\n<p>Most charts now show insane wicks to the downside, but strip out the noise and you\u2019ll see <a href=\"https:\/\/twitter.com\/search?q=%24PENGU&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PENGU<\/a> holding structure.<\/p>\n<p>If $0.023 holds, a breakout to $0.13 is in play. <a href=\"https:\/\/t.co\/eQlbH0IzRU\">pic.twitter.com\/eQlbH0IzRU<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1977691031886794999?ref_src=twsrc%5Etfw\">October 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Meanwhile, the analyst said Friday\u2019s drop was \u201cfar from normal\u201d and described by some as a \u201cblack swan\u201d event. Despite the sharp movement, the price structure remains valid. If support holds, a move toward $0.13 is still possible based on the channel\u2019s breakout projection.<\/p>\n<p>A separate analysis from CryptoPulse <a href=\"https:\/\/x.com\/CryptoPulse_CRU\/status\/1977691027172388890\">points<\/a> to a bullish flag on the daily chart. After dipping outside the formation, the asset quickly returned inside. This suggests the pattern may still be in play. The next upside zone is projected near $0.032 to $0.034.<\/p>\n<p>Notably, the setup depends on the price remaining above the lower trendline. CryptoPulse noted that a drop below this line could shift the outlook, with $0.017 as the next support to monitor. For now, higher lows continue to form along the support level.<\/p>\n<h2>Momentum Indicators Turn Positive<\/h2>\n<p>Short-term indicators are showing signs of recovery. The Bollinger Bands on the 4-hour chart show the price rebounding above the middle band, with resistance near $0.0296. The MACD line has crossed above the signal line, and the histogram is back in positive territory, showing early momentum in favor of buyers.<\/p>\n<figure id=\"attachment_1416194\" aria-describedby=\"caption-attachment-1416194\" style=\"width: 2433px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-1416194\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56.png\" alt=\"PENGU price chart\" width=\"2433\" height=\"1133\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56.png 2433w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-300x140.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-1024x477.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-768x358.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-1536x715.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-2048x954.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-90x42.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-150x70.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-2000x931.png 2000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-1600x745.png 1600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-1400x652.png 1400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-1200x559.png 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-1000x466.png 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-900x419.png 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-800x373.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-700x326.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-600x279.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-500x233.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-400x186.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-200x93.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/PENGUUSDT_2025-10-13_16-12-56-100x47.png 100w\" sizes=\"(max-width: 2433px) 100vw, 2433px\"><\/a><figcaption id=\"caption-attachment-1416194\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>Market data shows a shift in trader positioning. The long\/short ratio for PENGU has climbed from below 0.80 on October 10 to above 1.10 by October 12. Buy volume is outpacing sell volume, pointing to increased bullish sentiment among participants.<\/p>\n<figure id=\"attachment_1416193\" aria-describedby=\"caption-attachment-1416193\" style=\"width: 2468px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1416193\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41.png\" alt=\"PENGU Long\/Short Ratio Chart\" width=\"2468\" height=\"704\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41.png 2468w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-300x86.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-1024x292.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-768x219.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-1536x438.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-2048x584.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-90x26.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-150x43.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-2000x571.png 2000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-1600x456.png 1600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-1400x399.png 1400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-1200x342.png 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-1000x285.png 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-900x257.png 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-800x228.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-700x200.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-600x171.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-500x143.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-400x114.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-200x57.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-13-at-16.33.41-100x29.png 100w\" sizes=\"auto, (max-width: 2468px) 100vw, 2468px\"><\/a><figcaption id=\"caption-attachment-1416193\" class=\"wp-caption-text\">Source: Coingass<\/figcaption><\/figure>\n<p>In fact, the trend suggests growing confidence in a possible breakout if support levels are respected.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pengu-bounces-80-after-massive-crash-is-0-13-the-next-target\/\">PENGU Bounces 80% After Massive Crash: Is $0.13 the Next Target?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After falling sharply last week, PENGU is now on the rise again and has recorded a 13% increase in the last 24 hours. Moreover, it has gained 80% since the $0.014 low (on CoinGecko) marked during the market-wide crash. Channel Support Remains Intact According to a weekly chart shared by Ali Martinez, PENGU is still [&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-52618","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\/52618","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=52618"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52618\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}