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Pudgy Penguins (PENGU) Price Prediction: Accumulation Signals Bullish Breakout Potential

Pudgy Penguins (PENGU) Price Prediction: Accumulation Signals Bullish Breakout Potential

Author:

Global Cryptocurrency

Published:

2025-10-23 20:19:02

9

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BTCCSquare news:

Pudgy Penguins (PENGU) is showing early signs of a bullish breakout after weeks of consolidation, with technical analysis pointing to a potential 30% surge toward $0.027. Analyst Ali Martinez notes a tightening descending structure on the chart, suggesting compression is nearing maturation. A decisive MOVE above $0.024 could confirm bullish momentum.

On-chain data reveals strong accumulation, with 2.8 million PENGU tokens scooped up in just nine days. This underscores growing investor confidence, as larger holders appear to be positioning for upside rather than distributing. The $0.019-$0.020 support zone continues to anchor the structure, serving as a critical base for the next leg higher.

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