A new buy signal for PENGU has appeared on the daily chart according to the TD Sequential indicator, as analyzed by Ali Charts. The signal arrives alongside a significant expansion of the token's accessibility through mainstream financial services.
SoFi has begun offering PENGU for buying, selling, and holding to its 15 million members. The platform operates as a nationally chartered bank providing crypto services, positioning the token on a regulated financial infrastructure.
Technical Signal History
The TD Sequential indicator has produced multiple signals for PENGU in recent months. On August 7, a buy signal preceded a 77.64% gain. A subsequent buy signal on September 15 was followed by a 66.94% increase. However, a sell signal issued on September 25 coincided with a 31.58% decline, demonstrating the indicator's responsiveness to both upward and downward price movements.
Current Market Structure
Ali Charts noted that PENGU has maintained a pattern of higher highs and higher lows on the broader timeframe. The analyst suggested that a move similar in magnitude to the previous signals—approximately 70%—could push the token toward $0.013 from current levels, assuming the established price structure continues.
The convergence of the new technical signal and the SoFi listing represents alignment between technical and fundamental factors supporting the token, according to the analysis.
