PENGU’s short-term price targets – A triangle breakout, $1M inflows, and more…
2025-07-09 08:22:30
Main Idea
PENGU (Pudgy Penguins) is maintaining its market position with a potential breakout, supported by $1M inflows and bullish indicators, suggesting possible upward momentum towards a $0.044 target.
Key Points
1. PENGU has sustained a breakout above market structure, with higher lows defended by bulls, indicating potential upward movement.
2. Net inflows of $1.08 million into spot markets suggest renewed investor interest in PENGU.
3. Social volume and spot trading volume have shown an uptick, signaling increased trader participation and price momentum.
4. The long/short ratio climbed to 1.033, with longs slightly leading, reflecting growing bullish conviction.
5. A move towards the $0.044 Fibonacci extension target is considered achievable in the near term if current trends persist.
Description
PENGU’s rising inflows and breakout structure have been in line with renewed market activity, social engagement.
Latest News
- Bitcoin’s price rally may just be starting – All the details!2025-07-09 14:33:30
- Top 7 VPNs of July 20252025-07-09 14:25:20
- Cardano whales move 120M tokens – But ADA could rally ONLY IF…2025-07-09 13:22:35
- Bonk.fun flips Pump.fun – What does this mean for the Solana-based meme’s demand?2025-07-09 12:03:58
- New Meme Coin Little Pepe (LILPEPE) Exceeds $4,475,000 as Presale Stage 4 Wraps Up Early2025-07-09 11:47:12