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

TL;DR

• PENGU types bullish retest at $0.035, setting the stage for a possible rally towards $0.09.
• Cluster of EMAs and Fib stage close to $0.03178 affords short-term help for PENGU.
• Quantity profile exhibits robust purchaser curiosity at $0.032–$0.033, supporting the present consolidation vary.

Worth Pullback Checks Key Help

PENGU was buying and selling at $0.033 on the time of writing, displaying a 24-hour decline of 6% and a 7-day drop of 4%. This pullback follows a breakout from a downward channel that began in late July.

In the meantime, the transfer above the channel resistance occurred round mid-September, marking a shift in value course. Since then, the asset has retreated towards the $0.035 space, which is now being examined as help.

Ali Martinez noted that the present setup “appears to be like like a bullish retest earlier than PENGU resumes a brand new leg as much as $0.09.” The every day chart exhibits the value holding slightly below the 0.786 Fibonacci retracement stage at $0.0361. This zone between $0.035 and $0.036 is being watched carefully. If it holds, merchants could search for continued power towards greater ranges.

Notably, Fibonacci extension ranges counsel potential upside towards $0.0466, $0.0638, and $0.0761, with some merchants eyeing a potential run to $0.09. For that to occur, the value wants to remain above present help and start forming greater lows once more. An in depth above $0.036 could provide early affirmation.

As we just lately reported, the sample seen on the chart isn’t new. PENGU has proven an inclination to rally, pull again, after which rally once more. That rhythm has repeated throughout latest value cycles. One other upward transfer may observe if this present retest results in a bounce. If not, a break beneath $0.035 may put strain on the construction and delay any restoration.

Brief-Time period Ranges and EMA Help

Altcoin Sherpa identified a key zone on the 4-hour chart. PENGU is buying and selling close to a number of short-term exponential transferring averages and the 0.382 Fibonacci retracement stage at $0.03178. These transferring averages—20, 50, 100, and 200—are converging in the identical zone, which may act as a short-term help base.

They commented,

Would like to see $PENGU bounce at this present space. Cluster of 4h emas + .382 fib area. Chop round after which greater imo pic.twitter.com/a7fnd7OpH5

— Altcoin Sherpa (@AltcoinSherpa) September 15, 2025

A steady response right here would help the concept of consolidation earlier than one other try to maneuver greater. If the world fails, the subsequent stage on the chart is round $0.0271, which may act as a secondary help.

Quantity Information Helps Present Vary

The VPVR (Quantity Profile Seen Vary) exhibits a excessive focus of buying and selling quantity between $0.032 and $0.033, marking this as a high-interest zone. The Level of Management (POC) can also be positioned right here, displaying that this stage has attracted essentially the most quantity over the seen time vary.

Apparently, this knowledge helps the concept buyers and sellers are energetic on this value space. If it continues to carry, the asset could transfer towards the subsequent resistance zone round $0.037 to $0.039. If that stage breaks, merchants could search for continuation towards the earlier excessive close to $0.046. A breakdown, nevertheless, may result in a transfer towards the subsequent high-volume space close to $0.022 to $0.025.