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- PENGU surged 16% after breaking a bullish wedge pattern.
- OpenSea named official marketplace for Pudgy Penguins NFTs.
- Analysts eye $0.0365 resistance before a possible $0.04 rally.
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Pudgy Penguins (PENGU) has officially broken free from its weeks-long consolidation phase, delivering a bullish price breakout that has caught traders’ attention. According to crypto analyst Ali Martinez, the TD Sequential Indicator recently flashed a buy signal for PENGU, reinforcing its growing momentum.
Within the last 24 hours, the memecoin has climbed 16%, trading at $0.03317 at press time, with heavy participation from retail investors and traders alike.
$PENGU is a BUY right now, per the TD Sequential indicator! pic.twitter.com/KDwOwZ5nG9
— Ali (@ali_charts) September 8, 2025
OpenSea Integration Fuels Market Excitement
A major catalyst behind PENGU’s surge is the growing popularity of Pudgy Penguins NFTs. On September 4, OpenSea announced it is now the official marketplace for Pudgy Penguins NFTs and PENGU tokens. The collaboration has not only boosted visibility but also reignited community confidence, pushing the token’s price higher.
Since the announcement, PENGU has gained more than 18%, building strong upside momentum.
Technical Analysis: Can PENGU Reach $0.040?
Chart analysis reveals PENGU has broken out of a bullish falling wedge pattern that had been forming since July 2025. If it sustains momentum above $0.032, analysts believe the token could rally 27% higher, potentially testing the $0.040 level.
However, resistance at $0.0365 could act as a hurdle in the short term. The SuperTrend indicator has flipped green, supporting bullish sentiment, while the ADX reading of 18.85 suggests that the trend remains weak and needs stronger confirmation.
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Traders Eye Key Levels
CoinGlass data shows that traders have positioned $14.10 million in long positions and $4.90 million in shorts, with liquidation levels clustered around $0.02993 (lower) and $0.03405 (upper). This points to strong bullish dominance, though volatility remains high.
With a fresh breakout, positive technical signals, and OpenSea’s backing, Pudgy Penguins’ PENGU token is gaining serious traction. While resistance zones could slow its rise, a sustained rally above $0.0365 may open the path toward $0.040. For traders, PENGU has become one of the most-watched memecoins in the current market cycle.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Pudgy Penguins [PENGU] Eyes 26% Rally
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
