Pudgy Penguins (PENGU) price prediction: With momentum strengthening, the fall wedge breakout target is $0.048.

PENGU is sending a series of bullish signals that could reverse the situation. Market observers point out that the falling wedge pattern, a new round of RSI divergence, and recent Whale capital inflows all indicate that greater fluctuations may be on the horizon.

With the strengthening of the bullish divergence, PENGU is about to break through

(Source: Trading View)

PENGU is tightening near a critical turning point, with the price trend slightly below the descending trend line that has been suppressing it for the past few hours. Richie’s four-hour chart shows a strong compression pattern forming, with lower highs converging into rising lows, suggesting that volatility is about to return.

The obvious bullish divergence on the RSI further strengthens this pattern: although the price has made lower lows, the momentum has been steadily rising, which is a typical signal that the downward pressure is dissipating.

This kind of divergence is usually a warning signal before significant fluctuations, especially under such a clear structure. If the Fat Penguin successfully converts the downward trend line into a support level, the trend may continue towards the previous high near $0.048. This would not only confirm the breakout but also open the door for the development of a full bullish continuation pattern.

PENGU holds the support level at 0.0315 USD, buy signal appears

(Source: Trading View)

Pudgy Penguins, which has just shown a bullish divergence on the RSI indicator, is currently holding the key support level of $0.0315, which is the point of the most intense trading volume activity. This level has provided solid support during previous pullbacks, and the recent TD sequence "9" candlestick has now added a new point of interest, suggesting that selling pressure has begun to weaken in the short term.

If the bulls can gain momentum and break through 0.036 USD, then from a technical perspective, the path towards 0.044 USD will be feasible. This level is consistent with the mid-range during the consolidation phase in July and may signal a structural change.

Whale hoarding makes PENGU the focus again

With the recent price structure and technical configuration, PENGU leads in whale inflow volume over the past 24 hours, with an inflow amount exceeding 3.76 million dollars, nearly double that of the second largest asset.

The data shared by CryptoCurb reinforces the growing interest of behind-the-scenes investors as large wallets are entering the market while prices maintain key structural areas. At the same time, the price of PENGU the chubby penguin is challenging the trendline breakout and showing a bullish RSI divergence, further confirming the assertion that buyers are positioning themselves ahead of time.

Such levels of capital inflow usually do not occur in isolation. Combined with the TD sequential buy signals and the demand cluster around $0.0315, it forms a convergence that could trigger a sustained pump if momentum strengthens. While short-term resistance levels remain at $0.036 and $0.044, the steady inflow of funds from large investors makes these levels increasingly easier to break.

PENGU Price Prediction: Breakthrough Structural Target Above 0.048 USD

(Source: Trading View)

The chart shared by Syzygy clearly shows signs of PENGU breaking out of the falling wedge pattern, indicating that its market structure is becoming more stable. The current trend suggests that PENGU is about to break through the wedge resistance level and turn it into a tentative support level, while targeting the upper bound of the recent range. If the price holds above this breakout level, it could quickly rebound to the range of 0.044 to 0.048 USD, which is the peak of the consolidation phase in July and also the area previously defined as resistance.

Previously, the inflow of Whales and the TD Sequential indicator issued a confirmation signal, reinforcing the view that bullish momentum is strengthening. A breakout above $0.036 will not only break recent resistance levels but also validate that this wedge breakout is the beginning of a new upward trend.

The EMA cluster for PENGU's breakout setting has increased fluctuation risk

(Source: Trading View)

As PENGU prepares for another potential breakthrough, the chart shared by Brownie shows that the price is trying to recover the ground lost above the dense Exponential Moving Averages (EMA). The 50, 100, and 200 EMAs are currently closely converging above and below, creating an area filled with both opportunities and risks. A breakout from such EMA junctions is usually accompanied by a sharp surge in volatility, either accelerating the bullish momentum or strongly suppressing the price.

Conclusion: Can PENGU Break Through Successfully?

PENGU shows early signs of potential breakouts, including bullish RSI divergence, Whale accumulation, TD sequential signals, and indications that it may now break the falling wedge. The price is maintained above the demand area at $0.0315, focusing on key levels such as $0.036 and $0.044, making this trend appear increasingly constructive. The convergence of the EMA increases volatility risk, but if the bulls dominate, it also lays the groundwork for significant fluctuations.

Whether PENGU can break through and maintain momentum above $0.048 depends on how it responds to the upcoming resistance zone. Currently, the momentum is strong, the structural support is good, and large investors seem to be getting involved early.