Pudgy Penguins (PENGU) Breaks Downtrend With 80% Rally Toward $0.015
BeInCrypto
Pudgy Penguins (PENGU) has broken a long-term downtrend, showing potential for an 80% rally toward the $0.015 resistance level.Summary
Pudgy Penguins (PENGU) has officially broken above a descending trendline that has persisted since July 2025, signaling a potential trend reversal. Supported by a breakout in the Relative Strength Index (RSI) and increased trading volume, the token has reclaimed the $0.008 support level. Analysts suggest that if the current momentum holds, the token could target a Fibonacci resistance level near $0.015, representing an 80% gain from current levels. However, the outlook remains cautious, as the setup depends on broader market conditions and the stability of Bitcoin dominance.
(Source：BeInCrypto)