Is $0.13 the Next Target?

PENGU rebounds 13% after a flash crash, reclaiming key assist. Analysts eye a breakout towards $0.03–$0.13 if momentum holds.

After falling sharply final week, PENGU is now on the rise once more and has recorded a 13% improve within the final 24 hours. Furthermore, it has gained 80% for the reason that $0.014 low (on CoinGecko) marked through the market-wide crash.

Channel Assist Stays Intact

In accordance with a weekly chart shared by Ali Martinez, PENGU continues to be holding inside a descending channel that has been in place since July. The current drop prompted a protracted wick under the construction, however the candle closed again contained in the channel. The asset is now approaching $0.026, with assist seen at $0.023.

What occurred on Friday was removed from regular. Some name it a black swan; others name it excessive manipulation.

Most charts now present insane wicks to the draw back, however strip out the noise and also you’ll see $PENGU holding construction.

If $0.023 holds, a breakout to $0.13 is in play. pic.twitter.com/eQlbH0IzRU

— Ali (@ali_charts) October 13, 2025

In the meantime, the analyst mentioned Friday’s drop was “removed from regular” and described by some as a “black swan” occasion. Regardless of the sharp motion, the value construction stays legitimate. If assist holds, a transfer towards $0.13 continues to be doable based mostly on the channel’s breakout projection.

A separate evaluation from CryptoPulse points to a bullish flag on the day by day chart. After dipping outdoors the formation, the asset shortly returned inside. This implies the sample should be in play. The subsequent upside zone is projected close to $0.032 to $0.034.

Notably, the setup will depend on the value remaining above the decrease trendline. CryptoPulse famous {that a} drop under this line might shift the outlook, with $0.017 as the subsequent assist to watch. For now, larger lows proceed to type alongside the assist stage.

Momentum Indicators Flip Constructive

Quick-term indicators are displaying indicators of restoration. The Bollinger Bands on the 4-hour chart present the value rebounding above the center band, with resistance close to $0.0296. The MACD line has crossed above the sign line, and the histogram is again in optimistic territory, displaying early momentum in favor of consumers.

You may additionally like:

Market knowledge exhibits a shift in dealer positioning. The lengthy/quick ratio for PENGU has climbed from under 0.80 on October 10 to above 1.10 by October 12. Purchase quantity is outpacing promote quantity, pointing to elevated bullish sentiment amongst members.

Actually, the pattern suggests rising confidence in a doable breakout if assist ranges are revered.