PENGU Drops 20% In Two Weeks But Seers Foresee A Fierce Rebound 🦇🖤

PENGU used to rule as this giant meme coin for the Pudgy Penguin crew with a market cap smashing past 2.5 billion dollars. But months of bearish pressure later its value has crashed under 500 million and it is trading around 0.0074 with a 20 percent drop over the past two weeks 🐧📉. One key signal tho hints that PENGU could spark a serious resurgence soon ✨.

Is a Major Bounce Loading Up? 💎

Ali Martinez caught a fresh buy signal on the TD Sequential indicator and that metric has nailed trend shifts before lol. Buy signals back in early August and mid September led to huge runs of 77.6 percent and 66.9 percent while a sell signal just under a month ago triggered a 31.5 percent dip 😈. Now the TD Sequential has flashed another buy on the daily chart which suggests an upswing might be kicking off 🖤. Martinez also pointed out the timing feels interesting from a fundamentals side since PENGU is now live to buy sell and hold on SoFi bringing exposure to over 15 million users 🚀. The official Pudgy Penguins X account called it another step toward bringing PENGU to everyone everywhere. Altcoin Sherpa called the move a pretty cool partnership for PENGU and added that if any brand has broken into the mainstream it is Pudgy Penguins imo with a bag held.

Looking Back at Those Earlier Signals 🌙

Martinez dropped another analysis on PENGU toward the end of September noting its Bollinger Bands had squeezed on the weekly chart which often signals a big price move ahead tho direction stays unknown. He also highlighted bullish flips like two straight Tom DeMark Sequential buys a Parabolic SAR flip and a new SuperTrend buy signal that once fueled a 1156 percent explosion before. Since then PENGU has taken a steep correction so it is unclear if these factors plus the latest signal will reignite momentum fr.

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Just another echo from the void by iconofsin.eth 💖

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