- PENGU is trading at $0.00762 after a new daily TD Sequential buy signal
- Prior TD Sequential signals produced +77.64% (Aug 7), +66.94% (Sep 15), and −31.58% (Sep 25) — three-for-three accuracy
- Analog upside target near $0.013 if current signal matches prior buy signal magnitude of ~70%
- SoFi listing (15M+ users) adds a fundamental catalyst alongside the technical buy trigger
Pudgy Penguins’ token PENGU is flashing a setup that has been three-for-three in calling major trend shifts this cycle. A new TD Sequential buy signal has printed on the daily chart — the same indicator that called the last two rallies of +77.64% and +66.94%, as well as the 31.58% correction that followed them. At the time of writing, PENGU is trading at approximately $0.00762.
In his October 19, 2026 post, Martinez states the TD Sequential “has been extremely accurate at anticipating trend shifts” for the token, pointing to a three-signal track record — all hitting their directional call with precision.
The TD Sequential — How It Works and What It Is Saying Now
The TD Sequential is a momentum exhaustion counter developed by Tom DeMark. It counts nine consecutive daily candles closing lower than the close four bars prior — when that count reaches 9, it signals that selling momentum is mathematically exhausted, not that a price floor has been set. The key distinction: the indicator identifies when a trend has run its course, not precisely where price will go next. On PENGU’s daily chart, three separate TD Sequential signals are visually annotated — two buy 9-counts and one sell 9-count — each followed by a labeled percentage outcome. A fourth signal, a new buy 9-count, has now printed near the $0.00762 level.
Three-for-Three — The Track Record in Full
Martinez documents three prior signals and their outcomes in sequence:
| August 7, 2026 | Buy (9-count) | +77.64% |
| September 15, 2026 | Buy (9-count) | +66.94% |
| September 25, 2026 | Sell (9-count) | −31.58% |
| ~October 19, 2026 | Buy (9-count) | Pending |
All three prior signals produced directionally correct outcomes. The two buy signals produced average upside of approximately 72% each. The sell signal caught a 31.58% drawdown. That combination — large asymmetric upside on buy signals and accurate sell-side timing — is what makes the current fourth signal analytically significant rather than coincidental.
It is worth being precise here: the +77.64% and +66.94% figures are historical moves already printed on the chart, labeled between prior price points. They are a completed record, not a projection for the current signal. Martinez’s research note references a potential ~70% rally scenario from the new signal, which would imply a target near $0.013 — but that figure is a rough analog to prior moves, not an explicitly stated price target on the chart itself.
Structure Intact — Higher Highs and Lows Still in Place
Beyond the TD Sequential count, Martinez notes that PENGU has maintained a structure of higher highs and higher lows through this cycle. That broader structural integrity matters: a TD Sequential buy signal firing inside a broken, lower-low structure carries less weight than one firing inside a functioning uptrend. The fact that the macro structure remains intact — despite the 31.58% pullback triggered by the September 25 sell signal — suggests the correction was a normal cycle within an ongoing bullish sequence, not a trend reversal.
The Fundamental Layer — SoFi Listing
Martinez also flags a fundamental catalyst alongside the technical signal: PENGU’s listing on SoFi, a platform with over 15 million users. The overlap between a technical exhaustion signal and a distribution event that expands the token’s accessible user base is a meaningful combination. New exchange listings historically expand liquidity and introduce fresh demand — when they coincide with a technical buy signal, the catalysts are compounding rather than competing.
Bullish Scenario
If PENGU holds the $0.00762 zone and the current TD Sequential buy signal produces a move consistent with prior buy signals, the analog range is +67% to +78%, pointing toward approximately $0.0127–$0.0135. Martinez’s research note references approximately $0.013 as the rough analog target. Confirmation requires price advancing above the most recent swing high and maintaining the higher-high structure.
Bearish Scenario
TD Sequential buy signals can fail — the indicator identifies exhaustion, not guaranteed reversal. A failure would look like continued lower closes through the current zone without a bounce, particularly a daily close beneath the August structure. If the higher-low structure breaks, the three-for-three track record becomes historically informative but no longer structurally applicable to the trade setup Martinez has outlined.
The TD Sequential has been three-for-three on PENGU across signals dated August 7, September 15, and September 25 — producing +77.64%, +66.94%, and −31.58% directional moves in sequence. A fourth daily buy signal has now printed at approximately $0.00762. Whether that becomes four-for-four will be determined by whether price holds this exhaustion zone and resumes the higher-high structure Martinez documents as still intact. The level to watch on the upside is $0.013 — the analog target if the current signal produces a move comparable to the two prior buy signals.
