Pudgy Penguins (PENGU) — the token tied to the widely known Pudgy Penguins NFT brand — has printed a fresh daily TD Sequential buy signal, prompting analyst Ali Charts to flag $0.013 as a potential upside target, a level that would require a rally of roughly 70% from current prices. The token, however, remains under pressure, trading near $0.007523 after its September rally reversed and the price slipped below both major moving averages.

Analyst Points to Track Record of Prior Signals

According to Ali Charts (X post), the TD Sequential indicator — a technical analysis tool developed by Tom DeMark that traders use to identify potential turning points in price trends — previously generated three notable trading signals for PENGU. A buy signal on August 7 preceded a 77.64% gain, while a second buy signal on September 15 preceded a 66.94% increase. A sell signal on September 25 preceded a 31.58% decline.

That history is what gives the new print its audience: among practitioners, TD Sequential setups are used for timing potential turns rather than forecasting trends, and the cited figures describe what followed earlier signals — a track record no fresh print can automatically inherit.

The indicator has now flashed another daily buy signal, which Ali said could point to a new upswing. He also highlighted that PENGU is available for buying, selling, and holding on SoFi, a platform serving more than 15 million members — an accessibility point that places the token in front of a mainstream consumer finance audience alongside crypto-native venues.

Ali further noted that PENGU has maintained a broader pattern of higher highs and higher lows, the structure chartists conventionally use to define an uptrend. If that structure holds and the new signal produces a rally of roughly 70%, he views $0.013 as a potential target.

Price Retreats From September Rally

PENGU surged above $0.011 in late April and early May, briefly approaching $0.012, before declining toward $0.0060 in June and July. After consolidating around $0.0060–$0.0065 through August, the token recovered during late August and September.

That rally carried PENGU close to $0.0100 in early October, but the price subsequently retreated to approximately $0.007523 on October 20, 2026. Recent price action shows lower highs following the reversal.

The 50-day moving average stands near $0.007626, while the 200-day average sits around $0.008679. PENGU trades below both, and the shorter average remains below the longer one — an arrangement in which both lines are typically treated by technical traders as overhead dynamic resistance to be cleared in succession during any recovery.

Support and Resistance Define the Next Test

Immediate support lies between $0.0072 and $0.0075. A decisive break below this zone could expose $0.0070 and the September support area near $0.0065.

On the upside, PENGU must first reclaim $0.007626 before challenging $0.0080 and the 200-day average at $0.008679. Those levels amount to the practical checkpoints for the setup Ali describes: holding the support zone keeps the higher-highs, higher-lows structure intact, while working back above the moving averages is what keeps the roughly 70% advance implied by the $0.013 target within mathematical reach.

Trading volume increased during the late-August and September rallies, but recent price weakness suggests reduced buying pressure despite intermittent volume spikes. Participation is a detail TD Sequential followers tend to weigh alongside signal prints, since turns backed by rising volume are generally regarded as more reliable than those occurring on thinning activity.