Ah, PENGU. Just when I thought it couldn’t get any lower than your high school GPA, it surprises me with a comeback that ignites my hope. After its dramatics last week-because what’s life without a little financial theatre?-PENGU has decided to rise from the ashes like a caffeinated phoenix. In a mere 24 hours, it’s tantalizingly increased by 13%. Bravo, PENGU, I almost believed you were down for the count. 🥳
Channel Support: Still Hanging On by a Thread
So, let’s talk about that fancy weekly chart shared by the ever-optimistic Ali Martinez. PENGU is clinging to a descending channel like it’s the last lifeboat on the Titanic. Yes, Friday’s plunge could be mistaken for an extreme sport, but fear not! The candle has closed back where it belongs, as if it never slipped on that ice. All aboard the $0.026 express, but hold on too tightly-it’s got support at $0.023, which is less a cushion and more a polite suggestion.
Friday’s shenanigans? Not normal. But then again, when was crypto ever normal? Some call it a black swan; I prefer to think of it as a very confused duck trying to figure out how to fly. Most charts are resembling my moods-insane drops all over the place-but when you strip out the chaos, PENGU still has its integrity. The math suggests if $0.023 plays nice, we could be skirting our way to $0.13, which would undoubtedly excite the crowd.
– Ali (@ali_charts) October 13, 2025
The analyst went on to say Friday’s little surprise was “far from normal,” which-thankfully-also describes most of my dinner parties. But despite the funky dance moves, the price stays on track like a well-rehearsed flash mob. If it holds onto that support, we could be making our way to a glorious $0.13-if only my love life were this predictable.
And just when you think it’s all about $PENGU, CryptoPulse chimes in, pointing at the bullish flag on the daily chart. They claim it’s still alive and kicking like a toddler hyped up on sugar. After freshly testing its limits, it hopped back inside like it couldn’t resist the allure of pure chaos. Next stop? Somewhere between $0.032 and $0.034-if it can avoid the sirens of temptation lurking below. Keep an eye on the lower trendline! If PENGU drops below, we might be looking at $0.017 as the next consolation prize.
Momentum? Is That You?!
Now, here we find short-term indicators starting to sparkle, revealing signs of recovery. The Bollinger Bands on the 4-hour chart look like they’ve rebounded to the middle like a cat who just got tossed from a sofa. Resistance may linger near $0.0296, ready to throw a party at any moment. Meanwhile, the MACD is shimmying above the signal line, and the histogram is flashing positive vibes like it just won the lottery.

And oh, the market! A veritable playground of traders! The long/short ratio for PENGU has skyrocketed from a woeful 0.80 to a glorious 1.10 in just two days. Buy volume is beating sell volume like a parent scolding a child for losing their lunch money. Bullish sentiments are contagiously spreading like rumors in high school.

In fact, if this trend continues, we may just find ourselves celebrating a glorious breakout-supposing those support levels take their roles seriously. Who knew watching a cryptocurrency could be just as thrilling as an afternoon soap opera? Grab your popcorn, folks!
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2025-10-13 20:35