Pudgy Penguins (PENGU)

solana:2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv has been on my radar and has also been on the DCA list I made for you guys back in June, which means I still think PENGU is a great play. Back in late April to May, I warned you all not to get too hyped because we were approaching a major resistance level while Bitcoin was also trading around 80K. At the time, I shared a few DCA levels, with the main one around $0.0066, and mentioned that we could eventually make new lows. From another perspective, it still looks like price wants to sweep the February low and fill that wick. Either way, I think the structure remains constructive as long as we stay above the current range lows. We do not want to make new lows because that would likely turn this into a prolonged re-accumulation phase, causing us to lose the macro trend of higher highs and higher lows that has been forming since the token's listing. The key level that confirms the bottom is in remains the same: around 0.0088, near the 21 EMA. Once that level is reclaimed, I believe we can move higher and test the upper boundary of this triangle wedge. From there, I would initially expect a correction to print another macro higher low above 0.013. If that happens, the next leg higher could begin. My main target remains between 0.35 and 0.40 over the next couple of years. I still have strong conviction in PENGU because I believe it has the potential to become this cycle's version of DOGE or SHIB. If that thesis plays out, accumulating in this area could potentially deliver 70x to 100x returns

[ $PENGU ] Exactly 2 months later and confirmed a double 1D bullish divergence on support. Nice R:R here for both HTF spot and lev long https://t.co/kDlQkJBhLi

I dunno man, the $PENGU airdrop was absolutely sick for so many people... but it was 19 months ago. I'd love to see Luca / the community talk more about everything since: Abstract launching, Pudgy Party topping the App Store then shutting down last month but those barely get a mention. It'd be like me bringing up one big trade I hit in 2024 every day of the week now in 2026... like yeah, that was sick, but what does my recent performance say?

#PENGU $PENGU LONG TRADE ENTRY: 0.00616 TARGET: 0.0064 STOPLOSS: 0.006025 https://t.co/qPHwUsAq9Y