#PENGU Breakout Pattern Targets $0.10 After Strong Flag Setup

PENGU is showing strong potential as it trades at $0.031, up 1.88% in the latest 12-hour session. The token recently rebounded after testing the 0.618 Fibonacci level at $0.028, maintaining a bullish flag pattern that now projects toward $0.10. With ETF filings, expanding Asian growth, and millions in toy sales, momentum is forming around the asset’s price structure. The question now is whether PENGU will sustain the breakout to achieve its ambitious target.
💬 $PENGU has it all: ETF filing, Asia growth, millions in toy sales, and a bullish flag targeting $0.10! — Ali (@ali_charts) August 22, 2025
🔸 Bullish Flag Formation Signals Upside
Technical charts reveal PENGU consolidating within a descending channel after rallying from near $0.014 to $0.044 in July. This decline has consistently respected Fibonacci retracement levels, particularly at 0.618 ($0.028) and 0.786 ($0.036), forming a controlled flag pattern. A successful breakout from this channel would validate a continuation move toward $0.065, with a possible extension to $0.095 based on Fibonacci projections.
Volume data accompanying these moves has supported consolidation, showing lower volatility during declines compared to the surge that preceded them. The alignment suggests buyers are waiting for confirmation above resistance before engaging further. This setup aligns with classic flag formations, where sustained breakouts often lead to strong rallies.
If momentum carries forward, the 1.272 Fibonacci extension at $0.065 and 1.618 extension at $0.095 stand as major upside targets. In the event of heavy demand, $0.10 becomes the symbolic round-number milestone that could capture market attention.

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