Technical analysis by HexaTrades about Symbol PENGU: Buy recommendation (9/9/2025)

HexaTrades

PENGU is showing a powerful technical setup with a Cup & Handle pattern forming on the daily chart – a classic bullish continuation pattern. Combined with its history of explosive moves after descending channel breakouts, this setup suggests strong upside potential. Key Highlights: - Cup & Handle Formation: The rounded base (cup) has formed, and the handle (descending channel) is nearly complete. A breakout above resistance would confirm the bullish pattern. - Historical Rallies: May breakout → +217% rally. July breakout → +354% rally. - Current Structure: Price is breaking out of the handle (descending channel), which aligns with the bullish continuation setup. - Potential Target: Cup & handle breakout could project upside toward $0.07–$0.1. - Volume Watch: Increasing volume during breakout would strengthen confirmation. Cheers Hexa PENGUUSD PENGUUSDT