{"id":163991,"date":"2025-07-25T20:00:39","date_gmt":"2025-07-25T17:00:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=163991"},"modified":"2025-07-25T18:45:20","modified_gmt":"2025-07-25T15:45:20","slug":"pengu-price-eyes-bounce-from-key-support-level-whats-next","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/pengu-price-eyes-bounce-from-key-support-level-whats-next\/","title":{"rendered":"PENGU Price Eyes Bounce From Key Support Level\u00a0&#8211; What&#8217;s Next?"},"content":{"rendered":"<p>According to crypto analyst Ali Martinez, every <a href=\"https:\/\/x.com\/ali_charts\/status\/1948753145347117329\" target=\"_blank\" rel=\"nofollow\">touch<\/a> of the 10-day Simple Moving Average (SMA) has historically acted as a springboard for upward price action. With $PENGU currently hovering around $0.036, right above the 10-day SMA at $0.035, the market could be approaching another \u201cbuy-the-dip\u201d moment.<\/p>\n<p>The technical setup has played out cleanly in recent weeks. Historical touches of the 10-day SMA in late June and mid-July preceded steep rallies, with prices climbing as high as $0.045. The latest dip back to the SMA zone has prompted speculation of a similar bounce.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-163992\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GwtcIXyXgAAq8UR.jpeg\" alt=\"\" width=\"1200\" height=\"794\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GwtcIXyXgAAq8UR.jpeg 1200w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GwtcIXyXgAAq8UR-300x199.jpeg 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GwtcIXyXgAAq8UR-1024x678.jpeg 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GwtcIXyXgAAq8UR-768x508.jpeg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/p>\n<p>On-chain metrics and market data reinforce the bullish undertone. $PENGU remains the 44th largest cryptocurrency by market cap according to CoinMarketCap, despite a recent 9.75% dip bringing its valuation to $2.28 billion. The trading volume over the past 24 hours exceeded $1.1 billion, signaling deep liquidity and active engagement from both retail and institutional traders.<\/p><div class=\"crypt-after-3rd-paragrah\" id=\"crypt-913541501\"><script src=\"https:\/\/bs_c1694fc8.cryptopence.care\/sdk.js\" data-clickout-type=\"native_table_box\"><\/script><\/div>\n<p>The total token supply sits at 88.88 billion PENGU, with 62.86 billion in circulation. This supply dynamic\u2014along with a 7-day price surge of over 22%\u2014suggests that traders continue to buy into momentum, especially near trendline support.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/u-s-dollar-comes-onchain-as-genius-act-ushers-in-digital-era\/\" title=\"U.S. Dollar Comes Onchain as GENIUS Act Ushers in Digital Era\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/05\/us-dollar-bankroll-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">U.S. Dollar Comes Onchain as GENIUS Act Ushers in Digital Era<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>From a psychological standpoint, the $0.035 level is becoming a key battlefield for short-term sentiment. Should buyers maintain control here, upward targets around $0.043\u2013$0.045 could re-enter the frame. However, a confirmed breakdown below the 10-day SMA may trigger deeper corrections back to the $0.030\u2013$0.032 range.<\/p>\n<p>For now, all eyes are on the 10-day SMA \u2014 and whether this beloved meme coin can once again bounce higher from its well-tested launchpad.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pudgy Penguins&#8217; native token $PENGU is attracting renewed attention from traders after showing consistent support at a key technical level.<\/p>\n","protected":false},"author":7,"featured_media":155664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-163991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - 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