Pudgy Penguins (PENGU) Price Prediction: TD Sequential and Morning Star Signal Bullish Reversal

Pudgy Penguins is starting to capture serious attention again, with multiple bullish signals lining up after a few days of correction. Market watchers point out that the memecoin is now holding firm above its critical $0.028 to $0.030 support zone, where fresh technical setups suggest momentum could be shifting back in favor of the bulls.

In a latest development shared by Ali Martinez, the TD Sequential indicator has printed a fresh buy signal on Pudgy Penguins’ PENGU daily chart after a nine-count downtrend. The indicator suggests that selling exhaustion is setting in, paving the way for a potential reversal.

Pudgy Penguins holds firm above $0.028 support as TD Sequential signals a bullish reversal. Source: Ali Martinez via X

Price action shows that PENGU has been consolidating near the $0.028 to $0.030 support area, with wicks rejecting further downside, signaling that buyers are stepping in to defend this range.

If momentum builds from here, the immediate upside target sits around $0.035 level. From a Pudgy Penguins Price Prediction perspective, holding above the $0.028 zone is critical. A sustained move higher from this TD setup could validate a bullish short-term reversal.

Analyst Jesse Peralta has highlighted a clear Morning Star pattern forming on Pudgy Penguins (PENGU), a candlestick reversal setup that often marks the end of a downtrend. This structure has appeared right at the $0.028 to $0.030 support zone.

PENGU forms a Morning Star pattern at key support, eyeing a breakout towards $0.048. Source: Jesse Peralta via X

This setup puts $0.048 in focus as the next potential target, in line with prior resistance levels. A strong follow-through in volume would further support the case for continuation, but sustaining closes above $0.033 will be key to confirming strength. If momentum holds, the Morning Star could mark the beginning of a broader recovery leg.

After enforcing a round of recovery backed by the emerging bullish signals, Pudgy Penguins’ token PENGU is showing remarkable relative strength, climbing more than 9% in the last 24 hours and outpacing heavyweights like DOGE, SHIB, and PEPE.

Pudgy Penguins’ current price is $0.03226, up 9.77% in the last 24 hours. Source: Brave New Coin

With price now trading around $0.032, PENGU has established itself as one of the day’s best-performing memecoins, supported by steady liquidity and growing market attention. This breakout comes after weeks of consolidation near the $0.028 support zone, which now looks like a solid demand base.

Pudgy Penguins’ is displaying a strikingly similar setup to what unfolded in June and July before its last explosive rally. The current structure shows PENGU Pudgy Penguins price pressing higher off the $0.032 zone while forming breakout continuations, with the chart highlighting a clean projection toward higher resistance levels around $0.05 and beyond. This type of fractal behavior often signals that traders are recognizing familiar accumulation-to-breakout patterns, reinforcing the idea that momentum is building again.

Pudgy Penguins replicates its June–July fractal, hinting at a breakout toward $0.05 and beyond. Source: Kaleo via X

Analyst Kaleo pointed out that the consolidation and breakout structure mirrors the earlier move almost identically, suggesting that PENGU may be gearing up for another major leg higher towards $0.070 to $0.080 levels. For now, holding above $0.030 remains key for Pudgy Penguins.

Despite facing a small correction, Pudgy Penguins continues to draw strong attention, with community-driven momentum highlighted as its biggest strength. Analyst Olking emphasizes that PENGU is “built different, organic, with pure community power,” reinforcing the idea that community conviction is acting as a backbone during these pullbacks. The chart indicates that the last major rejection came from the $0.046 region, making $0.05 a natural psychological target once momentum returns.

Pudgy Penguins has shown resilience by defending its $0.028 to $0.030 support zone, where both the TD Sequential and Morning Star setups are flashing early reversal signals. The community-driven backing adds a unique layer of conviction, making every pullback look more like an opportunity than a threat.

If buyers manage to keep momentum alive, reclaiming $0.033 could pave the way towards $0.048 and potentially retest the psychological $0.05 barrier.