bullish

Altcoin

Sherpa

would

TL;DR
<ul>
 <li>PENGU forms bullish retest at $0.035, setting the stage for a potential rally toward $0.09.</li>
 <li>Cluster of EMAs and Fib level near $0.03178 offers short-term support for PENGU.</li>
 <li>Volume profile shows strong buyer interest at $0.032–$0.033, supporting the current consolidation range.</li>
</ul>
<h2 id="price-pullback-tests-key-support">Price Pullback Tests Key Support</h2>
PENGU was trading at $0.033 at the time of writing, showing a 24-hour decline of 6% and a 7-day drop of 4%. This pullback follows a breakout from a downward channel that started in late July.
Meanwhile, the move above the channel resistance happened around mid-September, marking a shift in price direction. Since then, the asset has retreated toward the $0.035 area, which is now being tested as support.
Ali Martinez <a href="https://x.com/ali_charts/status/1967660689549324396" target="_blank" rel="noopener noreferrer nofollow">noted</a> that the current setup “looks like a bullish retest before PENGU resumes a new leg up to $0.09.” The daily chart shows the price holding just under the 0.786 Fibonacci retracement level at $0.0361. This zone between $0.035 and $0.036 is being watched closely. If it holds, traders may look for continued strength toward higher levels.
<figure style="width: 100%" class="wp-caption aligncenter"><a rel="noopener noreferrer nofollow"><img alt="PENGU price chart" width="1200" height="826"></a>
 <figcaption>
 Source: Ali Martinez/X
 </figcaption>
</figure>
Notably, Fibonacci extension levels suggest <a href="https://cryptopotato.com/will-pengu-fly-in-september-analysts-predict-major-upside/" rel="noopener noreferrer nofollow">potential upside</a> toward $0.0466, $0.0638, and $0.0761, with some traders eyeing a possible run to $0.09. For that to happen, the price needs to stay above current support and begin forming higher lows again. A close above $0.036 may offer early confirmation.
As we recently <a href="https://cryptopotato.com/pengu-rockets-higher-as-buy-signal-ignites-rally-buzz/" rel="noopener noreferrer nofollow">reported</a>, the pattern seen on the chart is not new. PENGU has shown a tendency to rally, pull back, and then rally again. That rhythm has repeated across recent price cycles. Another upward move could follow if this current retest leads to a bounce. If not, a break below $0.035 could put pressure on the structure and delay any recovery.
<h2 id="short-term-levels-and-ema-support">Short-Term Levels and EMA Support</h2>
Altcoin Sherpa pointed out a key zone on the 4-hour chart. PENGU is trading near several short-term exponential moving averages and the 0.382 Fibonacci retracement level at $0.03178. These moving averages—20, 50, 100, and 200—are converging in the same zone, which could act as a short-term support base.
They commented,
<blockquote class="twitter-tweet">
 Would love to see <a href="https://twitter.com/search?q=%24PENGU&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PENGU</a> bounce at this current area. Cluster of 4h emas + .382 fib region. Chop around and then higher imo <a href="https://t.co/a7fnd7OpH5" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/a7fnd7OpH5</a>
 — Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1967614834096418816?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 15, 2025</a>
</blockquote>

A stable reaction here would support the idea of consolidation before another attempt to move higher. If the area fails, the next level on the chart is around $0.0271, which could act as a secondary support.
<h2 id="volume-data-supports-current-range">Volume Data Supports Current Range</h2>
The VPVR (Volume Profile Visible Range) shows a high concentration of trading volume between $0.032 and $0.033, marking this as a high-interest zone. The Point of Control (POC) is also located here, showing that this level has attracted the most volume over the visible time range.
<figure style="width: 100%" class="wp-caption aligncenter"><a rel="noopener noreferrer nofollow"><img alt="PENGU price chart" width="2390" height="1120"></a>
 <figcaption>
 Source: TradingView
 </figcaption>
</figure>
Interestingly, this data supports the idea that <a href="https://cryptopotato.com/pengu-bottom-in-td-sequential-and-wedge-breakout-say-yes/" rel="noopener noreferrer nofollow">buyers</a> and sellers are active in this price area. If it continues to hold, the asset may move toward the next resistance zone around $0.037 to $0.039. If that level breaks, traders may look for continuation toward the previous high near $0.046. A breakdown, however, could lead to a move toward the next high-volume area near $0.022 to $0.025.
The post <a href="https://cryptopotato.com/pengu-primed-for-liftoff-bullish-retest-signals-180-move-ahead/" rel="noopener noreferrer nofollow">PENGU Primed for Liftoff? Bullish Retest Signals 180% Move Ahead</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

PENGU Primed for Liftoff? Bullish Retest Signals 180% Move Ahead

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