Get started

PENGU / TetherUS PERPETUAL CONTRACT

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

PENGUUSDT.P trade ideas

BUY SPOT SCALPING PENGUSDT SIGNAL🚀 BUY SPOT SCALPING PENGUSDT SIGNAL 📢 Short-term scalping opportunity for PENGUSDT – Cashflow strategy for quick profits! 📌 Strategy & Trade Plan ✔ Scalping Spot Trade with a 1-2 day execution window ✔ Targeting 30-40% profit, depending on market momentum ✔ Signal expires automatically after 2-3 days if the target is not met 📌 Trade Plan 📍 Trade Type: Scalping Spot (Cashflow Strategy) 📍 Entry Point: $0.0109 📍 Target: 40% profit 📍 Hold Time: 2-3 days, after which the signal is automatically invalidated 💡 Key Considerations 📍 Monitor price action closely for the best entry and exit timing 📍 Exit early if momentum weakens before reaching the target 📍 Use stop-loss to protect capital and secure profits 🔥 PENGUSDT is primed for a fast scalping trade – Execute quickly to maximize gains! 🚀
Long
by rainbow_sniper
1
Long PENGU - try to get it to risk freePENGU I think may be ready to go. It has been accumulating in the .618 pocket for a few days now. It was just freshly listed on Coinbase. The daily RSI has been chilling around 24. This is building a lot of pressure. Ideally grab it while it is still in the .618 pocket up to .0107 cents. Stop/loss just below the latest swing low. I would take profits at the 2x green boxes if we can make it there. First TP area is .0148-.0163. Second TP is .0213 - .0265. We need to break that red downtrend and hold it as support to do any sort of serious movement. There are of course more upside targets, but the focus for now is getting this to risk-free. Thank you!
Long
by LoneWolf1425
$PENGU’s Price Plummets Despite $150 Million Token BurnThe cryptocurrency market is no stranger to volatility, but the recent plunge of CSECY:PENGU —Pudgy Penguins’ culture coin—has raised eyebrows. Despite a massive token burn of unclaimed Solana airdrop tokens worth over $150 million, CSECY:PENGU has suffered a steep 80% drop from its recent all-time high (ATH) on January 6th, 2025. Now, traders and investors are questioning whether this presents a golden buying opportunity or a warning sign of further declines. The $150 Million Token Burn On Wednesday, the Pudgy Penguins team executed a large-scale burn of unclaimed PENGU tokens, amounting to 13.69% of the total supply. Originally, the token claim window was set to last until March 9, but the team expedited the deadline, citing bot activity rather than genuine community engagement. As a result, over 12 billion CSECY:PENGU tokens were permanently removed from circulation by sending them to the Solana burn address. Traditionally, a supply reduction through burning is seen as a bullish move, as it creates scarcity and reduces sell pressure. However, CSECY:PENGU ’s price has continued to tumble, currently trading at $0.0117, down nearly 8% in the past 24 hours alone. Despite the price drop, Pudgy Penguins’ parent company, Igloo Inc., is working on strategies to attract institutional interest and increase adoption of both the PENGU token and the Pudgy Penguins NFT collection. However, this push has yet to yield positive price action, as the Ethereum-based Pudgy Penguins NFT floor price has also declined 11% over the past week. Technical Outlook From a technical perspective, CSECY:PENGU is showing signs of exhaustion after its steep decline. The token is currently trading within a falling wedge pattern—a classic technical setup that often precedes bullish reversals. Additionally, the Relative Strength Index (RSI) sits at 32, indicating that the asset is in oversold territory. Historically, an RSI this low suggests that a potential bounce could be on the horizon. Moreover, while the broader trend remains bearish, CSECY:PENGU is hovering above key moving averages, signaling a possible accumulation phase. This suggests that traders looking for a discounted entry point could capitalize on the current price levels before an eventual breakout. Market Sentiment While all technical indicators point to bearish momentum in the short term, seasoned traders understand that market cycles often present opportunities amidst fear. The large-scale token burn has removed excess supply, and institutional interest—if successfully attracted—could drive demand in the coming months. Conclusion CSECY:PENGU presents a mixed bag. While the massive token burn suggests long-term supply reduction, the immediate impact has not been reflected in price appreciation. The technical setup hints at a potential reversal, but macroeconomic conditions and investor sentiment will ultimately dictate the token’s next move. For traders, CSECY:PENGU ’s current levels may be an opportunity to accumulate ahead of a possible breakout. However, risk management remains crucial, as further downside remains a possibility. As always, staying informed and monitoring key technical levels will be essential for navigating this volatile market. Will CSECY:PENGU stage a comeback, or is this just another crypto winter casualty? Only time will tell, but for now, all eyes remain on the charts.
Long
by DEXWireNews
1
PENGU/DESCENDING CHANNEL BREAKOUT - BULLISH REVERSAL SETUPLet me provide a clear analysis of the PENGU/USDT chart, focusing on the key technical patterns and potential trade setup. The chart shows a clear downward channel that has been broken, suggesting a potential trend reversal. Price has been consolidating in a demand zone (purple area) around 0.030 - 0.035 USDT, which could serve as a strong support level for future price movement. Looking at the technical structure: - Current price: 0.0186 USDT - Trading volume: 865.81M - Primary target (TP): 0.04 USDT The chart displays a classic reversal pattern with a descending channel (gray lines) that has recently been broken to the upside. This breakout suggests strong bullish momentum could be building. The projected price movement (shown in red) indicates a series of higher lows and higher highs forming within an ascending channel. Key levels to watch: - Support zone: 0.030-0.035 USDT (purple area) - Target price: 0.041 USDT - Current resistance: Trend line at approximately 0.025000 USDT To the bullish scenario. The breakout from the descending channel combined with the consolidation in the demand zone presents a compelling trading opportunity with a favorable risk-to-reward ratio.
Long
by Supachai-Taechapisit
3
Is now the perfect time to trade Pengu’s 0.040$ gain?Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Pengu , 📚💡 At present, the market is experiencing a period of consolidation, characterized by a range-bound structure and a general downward trend. As such, it is entirely normal for the price to form red candles, particularly as it approaches our critical support level. This behavior aligns with the current market conditions. 📚💡 Once this support is tested and held, we expect the price to reverse course, potentially seeing an upward surge of up to 40%. Such a move would bring the price to approximately $0.040, signaling a strong recovery and growth potential. This scenario suggests a favorable opportunity for those looking to enter the market at these levels. 📚✨ 🧨 Our team's main opinion is: 🧨 The market is currently range-bound and slightly bearish, with red candles expected as it approaches key support. Once support holds, we anticipate a potential 40% rise, reaching $0.040. Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. 🐋
Long
by MadWhale
4
Critical Levels in Focus: PENGU at 0.02450 Support BINANCE:PENGUUSDT is currently trading near a significant support level at 0.02450 , which has historically acted as a key zone for price rebounds. This presents a potential buying opportunity for traders watching this level closely. For those seeking confirmation, waiting for a break and retest of 0.02670 could provide stronger validation for an upward continuation. This would offer added security to the trade setup. The stop-loss for this trade is placed at 0.02239 , as a price closure below this level would invalidate the bullish scenario and indicate potential downside movement. The target is positioned at 0.03587 , the nearest strong resistance, providing an attractive risk-reward ratio for this trade idea. 👨🏻‍💻💭What’s your take on PENGU? Share your perspective in the comments below! __________________________________________________________________ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
Long
by 3Commas
4
PENGU/USDT: check 0.238 Fib for a BreakoutCurrently, PENGU/USDT is trading below the 0.236 Fib level, showing some struggle to hold above. However, I have spotted a bullish divergence on the RSI, telling us that potential reversal is building beneath the surface. 📊 Key Levels: Current Zone: Below 0.236 Fib (0.028314), reflecting consolidation near lows. Target: A move toward 1.618 Fib at 0.062063, which aligns with the resistance in the upper trend channel. Intermediate Levels: 0.5 Fib at 0.034761 – a potential base for a stronger recovery. 1 Fib at 0.046972 – critical resistance before reaching the ultimate target. 💡 Game Plan: The divergence on RSI suggests that sellers are losing strength, which might pave the way for a reversal. I expect a that PENGUIN will climb back, with key Fib levels acting as checkpoints. If the price confirms support above the 0.5 Fib, the push toward 1.618 becomes more realistic than ever. Risk Note: If this divergence fails and bears keep the control of Penguin, the lowest low may be looked further. But for now as its not a 0, the setup shows us potential recovery. Stay tuned, as the next few candles could give us better clarity! 📈
Long
by Expate
1
PUDGY/USDT 1H: Bearish Slide Continues – Key Levels to Watch Chart timeframe: 1H PUDGY/USDT analysis. Current price: $0.02836. Key levels: Resistance: $0.035 (significant resistance). Support: $0.028 (immediate), $0.026 (next support if breakdown occurs). Price action: Clear bearish trend with lower highs and lower lows. Descending trendline at $0.032 needs to break for bullish reversal potential. Volume profile: Suggests a distribution phase with sellers in control. Trend outlook: Path of least resistance remains downward unless a higher low forms and trendline breaks. Setup rating: 3/10 – not ideal for entries until reversal signals appear. What’s your play – shorting the trend or waiting for a breakout? 📉✨
by Cryptokijker
1
PENGU Last Chance!The two longs I presented are what I believe Pengus' last bullish scenarios. If PA breaks through the Bullish equilibrium level, I will extend my long position past the hidden liquidity and find an entry to share there. However, if the price should fail to reach that price I will look at the demand zone below (0.786 fib) for my next entry. Obviously, I will take into consideration crypto market conditions but for the short term, I expect to see some upside. Thanks
Long
by JJRoyalist
1
Pudgy Penguins Best Level to BUY/HOLD 300%+ gains🔸Hello guys, today let's review 2h price chart for PENGU . Currently locked inside trading range expecting more range bound price action before accumulation completes later and we get another strong bull run. 🔸Ongoing accumulation in progress indicates further gains later this month. currently trading near range highs so no trades recommended at the market price. 🔸Recommended strategy bulls: bullish structure accumulation in progress. Accumulate near 0.025, TP bulls is +300%+ gains, final exit at 10 cents. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
24