The post PENGU Surge in Play After Breaking Falling Wedge with $0.026 appeared on BitcoinEthereumNews.com.

Key Insights: Whale accumulation signals growing confidence in PENGU, with 2.16 million tokens entering the market. PENGU breaks from consolidation, setting new resistance levels at $0.026 and $0.030. A cup-and-handle breakout suggests potential price targets of $0.060 to $0.075. PENGU Surge in Play After Breaking Falling Wedge with $0.026 Target Pudgy Penguins (PENGU) recent breakout from a falling wedge pattern has sparked renewed interest in the asset. PENGU is targeting the $0.026 level, driven by a shift in investor sentiment. With a notable increase in whale activity and strong technical indicators, PENGU could see further upside if the current momentum holds. Smart Money Returns to PENGU On-chain data shows a clear trend of large holders accumulating PENGU tokens. “Whale wallets such as yolow11l have been steadily acquiring PENGU over the past few sessions,” noted one analyst. Over the last seven days, more than 2.16 million PENGU tokens entered the market, indicating growing confidence among institutional investors. Smart Money | Source: X The return of smart money is often seen as a leading indicator of a bullish phase. If the trend continues, PENGU could establish a new liquidity base for further growth. These movements align with recent collaborations and partnerships, including the Kung Fu Panda initiative, which has generated increased attention across social platforms. Growing Market Confidence in PENGU PENGU’s recovery from recent price consolidations signals growing market confidence. A double-bottom formation visible on the charts suggests sustained accumulation by investors. Prices have moved from a range of $0.013 to $0.018 before breaking higher, with the following resistance levels seen at $0.026 and $0.030. Growing Market Confidence | Source: X The community’s support, coupled with strong liquidity, strengthens PENGU’s position as a resilient asset. Currently, the market is closely monitoring the $0.018 to $0.020 support zone. Should the price hold above…

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Filed under: News - @ October 27, 2025 11:25 pm