This is the reason for pumping the penguin price

The penguin price is among the best winners, not only today, but throughout the past week. It has exploded more than 150 % and wanders now 0.01325 dollars.

but, What leads this pump? The famous analyst “Altcoin Sherpa” weighing the situation around the penguin.

Pengu has a strong upward outbreak on the daily chart after a long period of side movement. The price was stuck between $ 0.0060 and 0.0080 dollars for weeks before he finally broke out a large size behind it.

Modern candles show large bullish patterns with minimal upper crumbs, indicating that buyers are closed at their highest daily or near levels. This pattern indicates the pressure of aggressive purchase instead of speculation activity.

The folder has exploded over the past 4-5 days, as the largest size bars coincide with large upwards. This confirms that the penetration is supported by the original buyer’s interest instead of being a temporary pump.

The main penalty levels of the viewing

Support For a driver He is now sitting at several main levels. The $ 0.0106 brand represents the last penetration level and works as first support. Below, $ 0.0092 is the previous unification resistance that turned against support. In the event of a deeper decline, it will be $ 0.0077 (the top of the old scope) is a major support zone.

If we look at the top, the resistance areas include $ 0.0193, which was historically as a support zone during the February sale process. Moreover, $ 0.0228 represents another major resistance level from the previous distribution stage.

The trend clearly turned into a rise, as the penguin printed higher and higher levels. Escapes were clean, not chaotic or filled with swelling, indicating that buyers remain in a state of firmness in price movement.

Crypting face. https://t.co/ybmukbrik

– Pudgy Penguins (Pudgypenguins) April 27, 2025

After this big step, the withdrawal will be normal and healthy. The bullish structure is still intact as long as the penguin exceeds $ 0.0106 or $ 0.0092.

Analyst Perspective – Penguin Prices Group for Follow -up?

In a recent tweet, Altcoin Sherpa stated Pengu’s purchase but expressed regret not taking a larger position: “I bought PenGu $ this afternoon, but I did not refrain from size. This might double and still continue to continue.”

This statement highlights that even if the penguin doubles from its current price, it will remain out of its highest previous levels ever. The tone of the analyst transmits strong bullish feelings and confidence in the continuous upward upward movement, indicating that the risks/reward remain attractive even after the great daily moves that we have seen.

A mixture of technical penetration indicates a large size and a positive feeling of experienced merchants until Pengu may have more space for operation. The following main goals based on horizontal resistance levels are $ 0.0193 and $ 0.0228.

As with any large price movement, traders must remember that decline to support levels at $ 0.0106 or 0.0092 dollars will be expected and will not necessarily indicate a reflection of the direction unless these levels fail to keep them.

Also read: Energy move $ 1.25 billion from Ripple: How the XRP hidden route turns into the Wall Street giant

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