TLDR
- Pudgy Penguins (PENGU) trades near $0.00744 on October 26 after another rejection from the $0.010–$0.011 region.
- The daily chart shows PENGU testing the lower edge of an ascending channel that has held since August.
- The RSI sits at 39.48 and the MACD remains negative, so sellers hold short-term momentum.
- SoFi listed PENGU on October 21, giving its US customers access to the token.
- Analyst Ali Martinez flagged a TD Sequential buy signal that points to a possible move toward $0.013.
Pudgy Penguins (PENGU) is trading around $0.00744 on October 26, according to the latest TradingView daily chart. The token has pulled back from an October high above $0.010 and is now near a key support zone.
PENGU is still about 89% below its all-time high of $0.06845. Its brand is widely known, but the token has struggled to hold recent gains.
PENGU Chart Analysis
Traders, this one is sitting right on the line. PENGU has moved inside a rising channel since August, and the lower boundary now crosses the $0.0075–$0.0080 area. The latest candles have slipped under that trendline, which puts the bullish structure in doubt.
The token ran toward $0.0105 in September and again in October, and both runs faded. Sellers keep showing up at higher prices. The one to watch next is the $0.0070 support level: a hold there keeps the channel alive, while a clean break opens the way to $0.0060–$0.0065.
Momentum Readings
The daily RSI is at 39.48. That is below the neutral 50 mark but above the oversold level of 30, so momentum is bearish without being extreme.
The MACD is also negative. Its line is below the signal line, and the histogram is below zero. That points to sellers keeping control in the short term, though the decline may be slowing.
First resistance is at $0.0078–$0.0082, where PENGU would need to retake its trendline. Next come $0.0095 and the $0.0105–$0.0110 zone that has turned back every recovery attempt.
Below the market, support sits at $0.0070 and then $0.0060–$0.0065, where buyers stepped in before. A break under those levels could expose $0.0050.
Trading activity is still busy. DefiLlama data shows a market capitalization of about $460 million and 24-hour volume of $77.6 million.
SoFi Listing and Analyst Views
SoFi announced PENGU trading in October, with the listing going live October 21. This gives customers access to the token through a US banking platform. SoFi has not said how many customers bought PENGU or how much trading the listing produced.
Analyst Ali Martinez spotted a TD Sequential buy signal in October. He sees a possible recovery toward $0.013, though this is a short-term technical target.
Altcoin Sherpa takes a patient view. He called PENGU “not a fast trade by any means” but a “decent slow cook,” and said he holds a bag. He pointed to the token’s large community and the steady flow of products the team ships across many sectors, calling it a “comfy hold.”
$PENGU isnt a fast trade by any means but I still think it’s a decent slow cook and I have a bag of it. It’s still a coin that has a gigantic community + tons of products they are consistently shipping across many sectors. I think they’re going to keep building and this is still… pic.twitter.com/IZf4snY6oX
— Altcoin Sherpa (@AltcoinSherpa) October 25, 2026
Pudgy Penguins has grown beyond its NFT roots. Its website lists partnerships with NASCAR, Lufthansa’s Miles & More program and PEZ.
Token supply is one factor to track. DefiLlama reports about 62.86 billion PENGU in circulation out of a maximum 88.89 billion, with team and company vesting still ongoing.
Long-term forecasts vary. DappRadar’s model projects an average 2027 price of about €0.00795, while other models give much higher numbers. A bullish case of $0.020–$0.030 would need roughly 303% upside from the current price.
PENGU needs to reclaim $0.0082 and then clear $0.011 to confirm a recovery. At press time, it trades near $0.00744 after slipping below its channel support.
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