Pudgy Penguins Forms Massive Bullish Channel Toward $0.26

Pudgy Penguins shows strong upward momentum as it trades inside a widening bullish channel aiming for $0.26.

Three major rebounds confirm PENGU’s growing strength with clear cycles of accumulation, breakout, and steady correction.

Analysts remain split as some expect further gains while others warn about liquidity limits in this fast-growing token.

Pudgy Penguins ($PENGU) is drawing major attention in the crypto community as analysts spot a massive bullish pattern forming on its chart. The meme-inspired token has been moving in a healthy uptrend since bouncing from the $0.004 zone, showing strong momentum and sustained buying interest

According to Bitcoinsensus, the current formation resembles a broadening ascending channel, signaling a potential price surge toward $0.26 — a 13x move from current levels.

Despite early instability, $PENGU has shown impressive gains since early 2025. Before breaking out in April and climbing from $0.003 to $0.017, the price first moved within a narrow range. For the subsequent leg up, this resistance zone became an essential testing stage.

Additionally, the price reached its highest point of the year at $0.045 after the July breakout. But several rejections in that area led to a consolidation phase in August and September, creating a distinct ascending channel.

Healthy Channel and Predictable Cycles

The structure now shows three major support bounces, each marked with green circles on the chart. Each bounce triggered a sharp upward move, forming higher highs within the trend. The third bounce, now developing near $0.021, indicates another possible accumulation phase

Furthermore, dotted white trendlines outline a clear upward trajectory, with targets at $0.055 and $0.26. The pattern demonstrates consistent market cycles of accumulation, breakout, and correction, confirming a maturing price rhythm.

Besides, analysts point out that $PENGU has maintained proportional movements on a logarithmic scale, showing balanced growth and retracement phases. This technical setup mirrors historical accumulation zones before strong rallies.

Divided Analyst Opinions

Not all market watchers share the same optimism. According to Ethan, “I see that $PENGU is still right now on that downtrend… we could see a bounce back to test the lower line of the trend around 1.5B, then probably it will keep falling down to the 800M area.” He also highlighted liquidity concerns, saying, “The liquidity is only 400K, which is very low for a one billion market cap token.”

However, Heinous views it differently, stating, “You can literally see $PENGU becoming the face of crypto… this penguin keeps proving it’s built different.”

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