$PENGU Pudgy Penguins Market Update: Bank Listing Meets Channel Support — $0.0085 Is the Gatekeeper
PENGU is trading near $0.0074–$0.0078, testing the lower boundary of a rising channel that began in August. The setup is simple: $0.0074–$0.0077 is the line buyers have defended before, and a bounce from here has history.
The Catalyst: SoFi—a nationally chartered US bank with 15 million+ members—listed PENGU on October 19. The token jumped 8.9% the next day, putting a memecoin inside a regulated banking app for the first time. NFT sales also climbed 77% week-over-week to $2.56M, and billionaire collector Adam Weitsman bought 117 Pudgy Penguins NFTs—the brand is alive beyond the token.
The Signals: Ali Charts flagged a SuperTrend bullish flip above $0.0081** and a **TD Sequential buy signal**—previous signals preceded gains of **77.6%** and **66.9%**, with a projection near **$0.013 if another ~70% rally unfolds. RSI at 52 leaves room; funding is barely positive, meaning longs aren't crowded.
Binance Trade Setup: Entry $0.0074–$0.0077 on a defended channel support. TP1 $0.0085**, **TP2 $0.0090, TP3 $0.013**. **Stop below $0.0070. First target is the $0.0085–$0.0090 resistance band—clear it, and the rally accelerates. DYOR — channel support is the floor, but volume must confirm.
PENGU is trading near $0.0074–$0.0078, testing the lower boundary of a rising channel that began in August. The setup is simple: $0.0074–$0.0077 is the line buyers have defended before, and a bounce from here has history.
The Catalyst: SoFi—a nationally chartered US bank with 15 million+ members—listed PENGU on October 19. The token jumped 8.9% the next day, putting a memecoin inside a regulated banking app for the first time. NFT sales also climbed 77% week-over-week to $2.56M, and billionaire collector Adam Weitsman bought 117 Pudgy Penguins NFTs—the brand is alive beyond the token.
The Signals: Ali Charts flagged a SuperTrend bullish flip above $0.0081** and a **TD Sequential buy signal**—previous signals preceded gains of **77.6%** and **66.9%**, with a projection near **$0.013 if another ~70% rally unfolds. RSI at 52 leaves room; funding is barely positive, meaning longs aren't crowded.
Binance Trade Setup: Entry $0.0074–$0.0077 on a defended channel support. TP1 $0.0085**, **TP2 $0.0090, TP3 $0.013**. **Stop below $0.0070. First target is the $0.0085–$0.0090 resistance band—clear it, and the rally accelerates. DYOR — channel support is the floor, but volume must confirm.