Pudgy Penguins (PENGU) tokens surged 8.6% within 24 hours. Amid a broad rally in the memecoin sector, the year-to-date gains have expanded to 47%. Although long-term charts show a bearish trend since August, breaking above $0.0128 could signal a bullish reversal, with potential targets at $0.016 and $0.022. However, momentum indicators remain mixed, and the sustainability of the rally largely depends on the continued strength of Bitcoin.
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Pudgy Penguins (PENGU) tokens surged 8.6% within 24 hours. Amid a broad rally in the memecoin sector, the year-to-date gains have expanded to 47%. Although long-term charts show a bearish trend since August, breaking above $0.0128 could signal a bullish reversal, with potential targets at $0.016 and $0.022. However, momentum indicators remain mixed, and the sustainability of the rally largely depends on the continued strength of Bitcoin.