The post Pudgy Penguins (PENGU) Price Prediction: Bulls Eye $0.042 Resistance Before Targeting $0.10 appeared on BitcoinEthereumNews.com.

Pudgy Penguins is consolidating above key support levels, with participants eyeing a potential breakout towards fresh highs. After surging more than 160% in the past three months, Pudgy Penguins has managed to outpace nearly every major altcoin in the market. At the same time, technical setups are aligning with further bullish narratives. Pudgy Penguins Extends Its Lead Momentum for Pudgy Penguins continues to build, with Moon_Boy_Ranger pointing out that PENGU has outpaced nearly every major altcoin over the past 90 days, recording an impressive 162% gain. This outperformance puts it ahead of established names like OKB, AERO, and even Ethereum. The data reinforces how PENGU has moved from being just a memecoin narrative to positioning itself as a frontrunner in market performance. Pudgy Penguins outpaces Ethereum, OKB, and AERO with a 162% surge over the past 90 days. Source: Moon_Boy_Ranger via X Pudgy Penguins’ Cup-and-Handle Still in Play Pudgy Penguins is currently shaping up inside a well-defined cup-and-handle formation, a bullish continuation pattern that often leads to major upside moves. The market cap structure shows the breakout zone forming around the $2 billion level, which has now flipped into a strong support base. This reclaim is significant since volume expansion during the breakout and contraction during the retracement both fit the classic handle formation, suggesting that the consolidation phase is corrective rather than trend-ending. Holding above the $2.00B mcap zone gives bulls a structural advantage moving forward. Pudgy Penguins forms a classic cup-and-handle pattern, holding the $2B market cap support as bulls eye a breakout. Source: brvdy.eth via X According to brvdy.eth, the broader market could stage a rally in the coming weeks, with a potential September pullback before the final push in Q4. This timeline would give PENGU room to complete its pattern targets. If the market aligns with…

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Filed under: News - @ August 17, 2025 3:27 pm