🕒 Posted on: 7/25/2025 8:00:13 PM UTC

Conflux, Pudgy Penguins, Pump.fun in Focus as Altcoins Eye Key Price Levels This Weekend

The cryptocurrency market shifted from bullish to bearish midway through the week, raising concerns among investors. With the weekend historically known for heightened volatility, several altcoins could experience significant price movements—either upward or downward.

BeInCrypto has identified three tokens—Conflux (CFX), Pudgy Penguins (PENGU), and Pump.fun (PUMP)—that traders should closely monitor due to their recent price action and key technical levels. Below, we analyze each project’s current market position, potential breakout scenarios, and risks.

Conflux (CFX): Bullish Momentum with Golden Cross Formation

Conflux (CFX) has emerged as one of the top-performing altcoins this week, rallying by an impressive 85%. Currently trading at $0.188, CFX shows signs of a potential recovery, with further upside possible if bullish sentiment persists.

Technical Indicators Favor Upside

A Golden Cross has formed between the 50-day and 200-day Exponential Moving Averages (EMAs), a classic bullish signal indicating strengthening momentum. If buying pressure continues, CFX could break past its immediate resistance at $0.194, targeting $0.240 in the near term.

Downside Risks Remain

However, a shift in investor sentiment could trigger a sell-off, potentially pushing CFX down to $0.146. Such a decline would erase much of its recent gains, emphasizing the need for sustained confidence among holders.

Pudgy Penguins (PENGU): Struggling After Failed ATH Breakout

Pudgy Penguins (PENGU) has faced a 12% drop in the last 24 hours, slipping below the critical support level of $0.040. The decline follows a failed attempt to breach its all-time high (ATH) of $0.046, signaling weakening momentum.

Parabolic SAR Suggests Uptrend Still Intact

Despite the recent pullback, the Parabolic SAR indicator remains below the candlesticks, indicating that the broader uptrend is still active. If market conditions stabilize, PENGU could regain strength and challenge its previous highs once again.

Bearish Scenario: Further Decline Possible

If bearish pressure intensifies, PENGU may test the next major support at $0.029, invalidating its bullish outlook. Traders should watch for a decisive break above or below current levels to gauge future direction.

Pump.fun (PUMP): Sharp Correction Threatens Further Losses

Pump.fun (PUMP) has experienced a steep intraday decline of 25%, now trading at $0.00258. The token continues to lose traction, raising concerns about additional downside risks.

Critical Support Levels to Watch

The next major support for PUMP sits at $0.00212, which could be tested if selling pressure persists over the weekend. A breakdown below this level might trigger further panic selling among holders.

Potential Rebound Scenario

On the flip side, if PUMP stabilizes around its current support at $0.00249, a rebound could propel it toward $0.00292, with an extended target of $0.00380. Recovery will largely depend on broader market sentiment and renewed buying interest.

Comparative Analysis: Market Roles & Investor Sentiment

While all three tokens are experiencing notable price action, their market roles differ significantly:

  • Conflux (CFX) stands out as a high-momentum altcoin with strong technical indicators supporting further upside potential.
  • Pudgy Penguins (PENGU) represents a meme-driven asset with volatile swings but retains some bullish structure despite recent declines.
  • Pump.fun (PUMP) is highly speculative, facing sharp corrections that highlight its sensitivity to market sentiment shifts.

Investors should consider these distinctions when evaluating risk exposure and potential returns over the weekend.

Strategic Conclusion: What Crypto Traders Should Watch Next

The weekend’s price action will be crucial for CFX, PENGU, and PUMP as they approach key technical levels:

  • A successful breakout for CFX could confirm its bullish trend continuation.
  • PENGU needs to reclaim $0.040 to avoid deeper losses and rekindle ATH hopes.
  • PUMP must hold above $0.00249 to prevent further downside erosion.

Given the broader market’s bearish tilt this week, traders should remain cautious and monitor volume trends alongside macroeconomic factors that could influence crypto volatility. As always, conducting independent research and risk management is essential before making any trading decisions.

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