PENGU soars 18% after OpenSea partnership: Is $0.04 next?

ambcryptoPublicado a 2025-09-08Actualizado a 2025-09-08

Key Takeaways

PENGU’s upside momentum follows its recent collaboration with OpenSea and a bullish breakout. However, the ADX technical indicator raises concerns as it flashes a weak trend.

Pudgy Penguins [PENGU] has finally broken out of its tight consolidation, breaching a bullish price action pattern. This has triggered a flashing buy signal on the technical indicators.

Buy signal flashes

Recently, crypto analyst Ali Martinez shared a post on X (formerly Twitter), revealing that the TD Sequential Indicator was flashing a buy signal for PENGU.

The memecoin is gaining massive attention from the crypto community, recording 16% gains in the last 24 hours. At press time, it traded at $0.03317, with strong participation from both investors and traders.

Why is PENGU’s price rising?

What’s causing PENGU’s sudden price uptick? The answer lies in the rising popularity of Pudgy Penguins NFTs amid a broader shift in market sentiment.

On the 4th of September, OpenSea announced its integration with Pudgy Penguins NFTs. In a post on X, OpenSea stated,

“Penguins have come home. OpenSea is now the official marketplace for both Pudgy Penguins and PENGU.”

Pudgy Penguins confirmed the collaboration, sharing that OpenSea is now the official marketplace for Pudgy Penguins NFTs.

Since then, its native token PENGU has taken off, rising by 18% so far and triggering a bullish breakout that has opened the path for its next leg up.

PENGU price action and technical analysis

AMBCrypto’s technical analysis revealed that PENGU’s price has broken out of a bullish falling wedge pattern.

On the daily chart, the memecoin appears to have been forming this pattern since July 2025, which has now finally ended.

Source: TradingView

Based on the current price action and historical patterns, if PENGU sustains this breakout and holds above the $0.032 level, it could see a 27% price uptick and potentially reach the $0.040 level.

However, the $0.0365 level appears to be a key hurdle that may slow down PENGU’s upside momentum.

The SuperTrend technical indicator has turned green and is hovering below the meme coin’s price. This suggests that the coin is in an uptrend with strong buying pressure.

On the other hand, the Average Directional Index (ADX) stands at 18.85, suggesting a weak trend and indicating that the current price movement lacks strong momentum.

Traders look for these levels

At press time, major liquidation levels were $0.02993 on the lower side and $0.03405 on the upper side, according to on-chain analytics tool CoinGlass.

Source: CoinGlass

Data showed that traders have built $14.10 million worth of long positions and $4.90 million worth of short positions at these levels, suggesting strong bullish domination.

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Cómo comprar PENGU

¡Bienvenido a HTX.com! Hemos hecho que comprar Pudgy Penguins (PENGU) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Pudgy Penguins (PENGU) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Pudgy Penguins (PENGU)Después de comprar tu Pudgy Penguins (PENGU), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Pudgy Penguins (PENGU)Tradear fácilmente con Pudgy Penguins (PENGU) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

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Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de PENGU (PENGU).