Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
PENGU Signals Rebound Potential Above Key Support

PENGU Signals Rebound Potential Above Key Support

CoinomediaCoinomedia2025/08/03 19:10
By:Aurelien SageAurelien Sage

PENGU shows bullish signs at $0.0315 support. A breakout above $0.036 may spark a rally to $0.044.TD Sequential Flashes a Bullish SignalEyes on $0.044 as the Next Target

  • PENGU finds strong support at $0.0315 with high volume
  • TD Sequential indicator flashes a buy signal
  • Break above $0.036 could target $0.044 next

PENGU is catching the attention of traders as it stabilizes at a key support level of $0.0315. This zone isn’t just another number—it aligns with a heavy volume profile, suggesting strong investor interest and accumulation. When prices rest at such demand-heavy levels, it often marks the start of a potential rebound.

As of now, the $0.0315 zone has proven resilient, with buyers stepping in to absorb selling pressure. Volume analysis indicates that this area has been a battleground for bulls and bears, but the bulls may be gaining the upper hand.

TD Sequential Flashes a Bullish Signal

Adding further weight to the bullish case is the TD Sequential indicator. Known for signaling market reversals, the tool is now flashing a buy signal on PENGU’s chart. This suggests that the recent downtrend could be nearing exhaustion, opening the door for a potential upside move.

If the price sustains a move above $0.036, it could be the catalyst for a fresh rally. This resistance zone serves as the next hurdle for bulls, and breaking it would confirm the shift in momentum.

Eyes on $0.044 as the Next Target

Should the breakout materialize, the next logical target sits near $0.044. This level aligns with previous resistance and represents a healthy upside from current levels. While short-term volatility can’t be ruled out, the current technical setup offers a bullish bias for PENGU.

For traders watching the memecoin space, PENGU’s current formation is one to watch closely. The support at $0.0315, combined with a technical buy signal and increasing volume, makes this an attractive setup for a potential breakout.

Read Also :

  • PEPE Nears 472K Holders Despite Price Drop
  • Cold Wallet, SHIB, PENGU & DOGE: Analysts Just Flagged These as the Top Cryptos to Buy This Month!
  • AguilaTrades Makes Bold 40x Leveraged BTC Long Bet
  • 4 Top Trending Cryptos in 2025 With Real-World Utility: BlockDAG, BNB, Monero, & Tron
  • PENGU Signals Rebound Potential Above Key Support
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

LRC -161.64% 7-Day Drop Amid Market Volatility

- LRC faces intensified regulatory scrutiny with investigations into compliance protocols across key markets. - Strategic shifts include terminating third-party partnerships and prioritizing decentralized infrastructure and open-source development. - Governance upgrades introduce multi-sig models and expanded voting rights to address community concerns over volatility. - Technical upgrades boost network throughput by 20%, aiming to enhance scalability and energy efficiency for long-term competitiveness. -

ainvest2025/08/28 03:10
LRC -161.64% 7-Day Drop Amid Market Volatility

Ethereum News Today: Linea's Airdrop Hype Drives Surge in Stablecoin Supply and DEX Activity

- Linea's stablecoin supply hit $74.5M, driven by USDC inflows ahead of its token airdrop. - DEX volumes spiked to $100M temporarily, with Linea now ranking 34th in blockchain stablecoin supply. - Consensys plans mUSD stablecoin integration with Ethereum and Linea, alongside a 72B LINEA tokenomics framework. - Airdrop analysts highlight Linea's potential, citing 9% early user allocation and $450M in Series D funding.

ainvest2025/08/28 03:06
Ethereum News Today: Linea's Airdrop Hype Drives Surge in Stablecoin Supply and DEX Activity

BlackRock ignites Ethereum rally: $455 million inflows drive Ethereum ETF surge

The world's largest asset management firm, BlackRock, has recently led capital inflows into Ethereum ETFs, injecting $455 million in a single day and pushing the total inflow past $13 billion. Its iShares Ethereum Trust (ETHA) now manages $16.5 billion and holds 3.775 million ETH. Driven by institutional capital, the price of ETH rose 4.5% in a single day, surpassing $4,600. The inflow rate into Ethereum ETFs has now exceeded that of bitcoin ETFs, reflecting strong market demand for Ethereum. Summary generated by Mars AI. This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively improved.

MarsBit2025/08/28 02:57
BlackRock ignites Ethereum rally: $455 million inflows drive Ethereum ETF surge

South Korea Cracks Down as Crypto Scams Hijack Celebrities' Fame

- South Korean police arrested three in a $4.1M crypto scam, part of global crackdowns on digital asset fraud. - Celebrities' hacked accounts promoted fake tokens like "CR7" and "YZY," causing rapid market collapses and investor losses. - International cases include a $50M gold-laundering arrest in Thailand and a 5-year fugitive caught in Seoul over $13.2M fraud. - Chainalysis reports $2.2B stolen from crypto platforms in 2024, urging stronger regulation and investor education to combat rising scams.

ainvest2025/08/28 02:51
South Korea Cracks Down as Crypto Scams Hijack Celebrities' Fame