PENGU Price Holds $0.036 Support as Bulls Eye Rally Toward $0.045

1 day ago 7

TLDR:

PENGU price defends $0.036 support, a critical level that has sparked prior reversals.
TD Sequential “9” and RSI divergence signal possible bullish trend reversal.
PENGU’s holder count climbs to 563K, with daily active addresses hitting 20K.
A breakout above $0.0384 could open the door to $0.040–$0.045 price targets.

PENGU is hanging on at a level that could decide its next big move. Traders are watching for signs of a rebound. Several key indicators are lining up, pointing to a potential reversal.

The token has been under pressure for days but is holding a critical support zone. If buyers step in, this could be the turning point.

Bullish Confluence Forms at Key PENGU Price Levels

According to market analyst Ali Charts, PENGU is trading near $0.03738, right at the lower boundary of a descending channel. This area has acted as a springboard in previous reversals. The current demand zone between $0.03600 and $0.03660 is also holding firm.

$PENGU looks ready to rebound, with multiple bullish signals aligning:

– TD Sequential flashes a buy signal
– Setup trendline holding as support
– Bullish divergence on the RSI
– Trading at the channel’s lower boundary

All signs point to liftoff! pic.twitter.com/zxBRQRANak

— Ali (@ali_charts) July 30, 2025

A TD Sequential “9” buy signal has appeared, a tool often used to spot trend exhaustion. On top of that, the RSI is flashing a bullish divergence. Price is printing lower lows, while RSI is quietly turning higher.

A move above $0.03840 could confirm a short-term recovery. From there, targets sit at $0.04000 and $0.04200, with $0.04500 in sight if momentum builds. If PENGU loses $0.03600, however, this setup would quickly unravel.

Ali’s analysis reflects what many traders are seeing. The mix of trendline support, demand zone strength, and bullish indicators has buyers paying close attention.

PENGU Demand and Adoption Keep Building

Niels, a well-followed crypto commentator, linked PENGU’s recent strength to broader market demand.

He noted that spot and derivatives activity has even surpassed DOGE in several exchanges. Holder count has grown to 563,000, while daily active addresses recently hit 20,000.

Is $PENGU the $DOGE of this cycle?

Since April bottom, $PENGU has pulled a clean 10x and still showing incredible strength.

For those who don't know, $PENGU is the native token of @pudgypenguins, which is a popular NFT project.

In Q4 2024, $PENGU airdropped nearly $1.5B to… pic.twitter.com/WftbiMaldy

— Niels (@Web3Niels) July 29, 2025

Those numbers show that this is not just a speculative bounce. PENGU has built a large and active community, which has helped it recover from last year’s 90% crash.

As of the latest data from CoinGecko, PENGU is priced at $0.03857, down 5% in the past 24 hours and 13.8% for the week.

The market is still shaky, but these bullish signals suggest a potential shift. If price confirms a breakout, this could be the start of another strong push higher.

For now, all eyes are on $0.03600. If it holds, PENGU may be ready for liftoff.