$PENGU Riding the Meme Rally 🐧
PENGU is trading around $0.0100 – $0.0103, up strongly this week after breaking higher from the $0.006 zone.
Technical Snapshot:
• Support: $0.0092 – $0.0095
• Stronger support: $0.0085 – $0.0088
• Resistance: $0.0108 – $0.0115
• Momentum: Bullish after the multi-day surge with elevated volume
The Setup:
PENGU has joined the broader risk-on move with conviction. Price climbed sharply from the sub-$0.007 area, printing higher highs and higher lows on solid volume. It is currently consolidating near recent highs after a powerful advance fueled by Solana meme strength and market-wide liquidity.
Potential targets on this rally:
Near-term: $0.0115 – $0.0125 Stretch target if momentum continues: $0.0140 – $0.0150+
As long as $0.0092–$0.0095 holds on any pullback, the path of least resistance remains higher while the market stays risk-on.
#pengu #solana #MEME #crypto