Test

Pudgy Penguins

Rally

<ul>
 <li>Analyst identifies a new daily TD Sequential buy signal for PENGU, targeting $0.013 if the token gains roughly 70%.</li>
 <li>PENGU trades near $0.007523, below both moving averages, with immediate support between $0.0072 and $0.0075.</li>
 <li>PENGU must reclaim $0.007626 and $0.008679 to challenge higher resistance levels, while a breakdown could expose $0.0070 and $0.0065.</li>
</ul>
<p>Pudgy Penguins (PENGU) has <a href="https://x.com/alicharts/status/2112277059389317356?s=20" rel="noopener noreferrer nofollow">flashed</a> a new daily buy signal, prompting analyst Ali Charts to identify $0.013 as a potential target. However, the token trades near $0.007523 after reversing its September rally and falling below both major moving averages. Ali’s outlook follows previous TD Sequential signals that preceded substantial price swings.</p>
<h2 class="wp-block-heading" id="strong-ali-charts-cites-previous-pengu-signals-strong"><strong>Ali Charts Cites Previous PENGU Signals</strong></h2>
<p>Ali Charts said the <a href="https://cryptofrontnews.com/bitcoin-ethereum-and-solana-flash-td-sequential-sell-signals-says-analyst/" rel="noopener noreferrer nofollow">TD Sequential indicator</a> previously identified three notable trading signals for PENGU. A buy signal on August 7 preceded a 77.64% gain, while another on September 15 preceded a 66.94% increase.</p>
<p>A sell signal on September 25 preceded a 31.58% decline. The indicator has now flashed another daily buy signal, which Ali said could point to a new upswing. He also highlighted PENGU’s availability for buying, selling, and holding on SoFi, a platform serving more than 15 million members.&nbsp;</p>
<p>Ali noted that PENGU had maintained a broader pattern of higher highs and higher lows. If that structure continues and the new signal produces a rally of roughly 70%, he sees $0.013 as a potential target.</p>
<h2 class="wp-block-heading" id="strong-pengu-price-retreats-from-september-rally-strong"><strong>PENGU Price Retreats From September Rally</strong></h2>
<p>PENGU surged above $0.011 in late April and early May, briefly approaching $0.012 before declining toward $0.0060 in June and July. After consolidating around 0.0060–0.0065 through August, the token recovered during late August and September.</p>
<figure class="wp-block-image size-large"><img src="https://cryptofrontnews.com/wp-content/uploads/2026/10/Pudgy-Penguins-PENGU-10.31.04-20-Oct-2026-1-1024x347.png" alt="">
 <figcaption>
  Source: Santiment
 </figcaption>
</figure>
<p>The rally brought <a href="https://cryptofrontnews.com/pengu-price-faces-0-0106-test-as-analysts-watch-breakout/" rel="noopener noreferrer nofollow">PENGU</a> near $0.0100 in early October, but the price subsequently retreated to approximately $0.007523 on October 20, 2026. Recent price action shows lower highs following the reversal.</p>
<p>The 50-day moving average stands near $0.007626, while the 200-day average sits around $0.008679. PENGU trades below both, and the shorter average remains below the longer one.</p>
<h2 class="wp-block-heading" id="strong-support-and-resistance-define-pengu-s-next-test-strong"><strong>Support and Resistance Define PENGU’s Next Test</strong></h2>
<p>Immediate support lies between $0.0072 and $0.0075. A decisive break below this zone could expose $0.0070 and the September support area near $0.0065.</p>
<p>On the upside, PENGU needs to reclaim $0.007626 before challenging $0.0080 and the 200-day average at $0.008679. <a href="https://cryptofrontnews.com/sui-faces-correction-as-selling-pressure-build/" rel="noopener noreferrer nofollow">Trading volume</a> increased during the late-August and September rallies, but recent price weakness suggests reduced buying pressure despite intermittent volume spikes.</p>

PENGU Flashes Buy Signal as Analyst Eyes $0.013 Target

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