Pudgy Penguins / Wrapped SOL
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In-depth trading ideas
Position management We in a critical area of interest in the market which is the reason for the 50% scale out of our phase 1 buy a in.
Phase 2 buy in will be the break and retest of price above the AOI.
After a 50% profit made on the P1 buy in. We looking at strong impulsive moves the market is making.
We now wait and see for the next move to present itself
PENGU Price Faces Pullback Risk After 37% JumpPENGU jumped almost 37% between December 1 and 2 and still holds most of that gain, but the chart now shows the first signs of the move slowing. The price made a lower high between November 10 and December 1 while RSI printed a higher high in the same period. That is a hidden bearish divergence, which often appears when buyers are pushing hard but the price does not follow with equal strength. This usually hints at a short-term pullback, especially when the broader trend remains weak. PENGU is s
In for a pennylet's hope it's not in for the other thing. I'm pretty bullish on this coin, it's a meme coin so if you're in be sure to size your risk.
Based on my analysis, I recommend an 8-14% portfolio position for this coin. This position is calculated matching PENGU's ATR with BTC so PENGU will not destroy your portfolio if we're in for a pounding.
With all that said, I believe alts will pump very strongly in this next pump. My targets depend on when BTC reaches $117k so we'll see when we get there.
Long trade Trade Journal Entry
Pair: PENGU/USDT
Trade Type: Buy-side Trade
Date: Sat 04th Oct 2025
Time: 12.00 PM
Session: London to New York Session PM
Entry: 0.02959
Profit Level: 0.03513 (+18.72%)
Stop Level: 0.02903 (–1.87%)
Risk-Reward Ratio (RR): 10.26
Narrative
Following the accumulation phase around 0.02950, buyers stepped in with significant volume during the London to NY overlap. Price action confirmed a Break of Structure (BOS) on the 30-minute timeframe with a clean impulse leg. The entry ali
You will ask yourself, "how did he know Pengu would do that"?On Sept 29th I suggested that Pengu would drop into my T1 with "high probability"...and after the anticipated "fakeout", it would bounce. That has now played out. Congratulations to those of you that took that trade.
T2 was "possible", but has now become "unlikely".
May the trends be with you.
Pengu - Target 1 hit - Bounce incoming or lower low?Pengu just entered my T1, as anticipated. Fakeouts like this example (just below trendlines), are very common and may be good entry points. The only question that remains is will Pengu form a lower low. If so, it may be an even better entry point for me.
May the trend sbe with you.
This $PENGU Can Fly
Summary
COINBASE:PENGUUSD has traced a broad 2025 “cup” base, with April setting the low and price now back to the January supply shelf. Price forming a bullish wedge just below all-time highs. As we retest what I call the "blue sky" box, we attempt to resolve a contracting wedge to the upside, printing a fresh daily higher high (HH). While price accepts above local resistance, the path of least resistance is higher with an initial magnet toward the ATH "blue sky" box.
Market Structure
In September PENGU broke out of another falling wedge patttern Its price action in Q2 built a falling wedge and gave a breakout of 500% by July.
But now in September, PENGU broke out of another falling wedge pattern built in August price action. Let's assume ambitiously that another 500% to come, then it will hit $0.21.
But even on the conservative note, if bullish momentum continues this September, then atleaset 180% gains towards $0.10 is possible.
The Bearish Scenario for PENGUTaking a look at the possible bearish scenario for PENGU as we map out this trade idea. A loss of a four hour trend line followed by potential loss of a key local support could cause another leg down. I am bullish on this one however it's always important to have a plan. This really needs to start making some moves in my opinion or we just move to another potential trade setup elsewhere.
Quick Video Updating Previous PENGU Charts SharedI wanted to record a brief video of my thoughts for PENGU and where we may be headed. This is an overall compilation from the previous charts shared and how/why I feel this was a good entry for a run towards ATH on this chart. It looks to me that we have a strong support level that has formed along with a quick wick testing a previous weekly level. Right now we seem to be in a small range and in need of some momentum to begin a strong move as this coin has been recently known to do. With it bein
Pengu inverse 12 hourOn the inverse chart I believe what we are seeing is a trend line break followed by a failed reclaim. This then lead to two swing high fails and is now starting its way into continuation (UP). On the hourly I believe it is currently on the cusp of its last “gasp” as it’s creating the peak of its rounded bounce. Still a few hours for this candle to confirm but at this moment I am anticipating acceleration towards ATH.
PENGU Coils Below ATH After Coinbase-Induced BreakoutPENGUUSD 1H chart following a massive breakout fueled by social media speculation and Coinbase hype. Price surged ~60% after Coinbase changed its profile picture to a Pudgy Penguin NFT on July 21 — marking a clear shift in sentiment. Since then, price action has respected a rising trendline, forming consistent higher lows while consolidating just under the all-time high wick.
The retest of the post-breakout demand zone shows clear interest from buyers, with price holding this level multiple tim






















