Hold onto your beanies, because PENGU just busted out of its hibernation like it had a triple espresso — soaring 38% in just 24 hours while everyone else was still debating if it was Tuesday or Wednesday. Next stop? A casual $0.015, if you please.
Pudgy Penguins, aka PENGU, decided that meh horizontal trading was soooo last season. They shrugged off weeks of side-eye sideways movement and low-vol vibes, suddenly sashaying up 40% like they just found the last slice of pizza. They’re now eyeballing the resistance zone between $0.008 and $0.010 — the same turf where they previously took a nosedive back in March before moping around $0.004 to $0.006.
The breakout came with all the subtlety of a drunken uncle at a wedding — volume exploded and those momentum indicators lit up like a disco ball. RSI cracked 70 like it’s showing off, and MACD crossed into bullish-ville, with its line doing a victory lap over the signal line. Oh, and PENGU’s price closed above both the 20-day EMA and 50-day SMA for three straight days, breaking its months-long Netflix binge of chilling below. Trend change? Quite possibly.
Volatility is back in the game, climbing since April 21 like it forgot how to be boring. This means PENGU might actually keep moving — fingers crossed it’s upwards and not just a fancy shimmy.
Crack that $0.010 barrier with some solid volume backing it, and the next VIP lounge is at $0.015 — a psychological stop where earlier sellers threw a tantrum in January. Beyond that lies a stretch goal of $0.022, where the penguin posse found a comfy support couch after taking a tumble earlier this year.
And the cherry on top? The potential green light on a shiny new PENGU ETF from Canary Capital. Approval could send this flightless bird soaring higher than your caffeine levels on a Monday morning.
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2025-04-25 16:00