Pudgy Penguins (PENGU) Price Prediction for July 27

Key Points

1. PENGU price is trading near $0.04280, rebounding from a critical demand zone, with potential for continuation if $0.04350 is cleared.

2. Technical indicators like the directional movement index (DMI) and Money Flow Index (MFI) show bullish signals, with +DI leading at 61.5 and MFI at 78.59.

3. The 4-hour chart shows a bounce from the lower Bollinger Band, with price testing upper band resistance at $0.04501, and EMA cluster fully bullish.

4. Exchange data shows a negative daily netflow of -$3.84M, indicating some caution among traders despite bullish signals.

5. Short-term outlook suggests momentum remains bullish if PENGU holds above $0.04150, with potential to reach $0.045-$0.047; a drop below $0.04080 could lead to sideways movement.