- PENGU price dropped 23.5%, but trading volume spiked 190% to $1.1 billion.
- Analysts spot a bullish flag pattern, hinting at a possible rally if support at $0.022 holds.
- A breakout above $0.04 could lead to a run toward $0.09–$0.10, tripling its value.
Pudgy Penguins isn’t having the smoothest week. The token’s been under heavy selling pressure, dropping nearly 23.5% in the last 24 hours and about 22.5% over the week. Still, beneath that turbulence, something interesting is brewing. Despite the pullback, there are subtle signs that buyers might still have a grip — or at least, they’re not backing off completely.
At the time of writing, PENGU trades at $0.02384, with a 24-hour trading volume of $1.1 billion — that’s almost a 190% jump from the previous day. Pretty wild for a token supposedly “cooling off.” The surge in trading volume shows heightened activity, but the market cap slipped by 23.58%, landing near $1.5 billion.
It’s like a push-pull between conviction and caution — traders rotating positions, short-term players trying to ride the volatility wave while long-term holders sit tight, watching the chaos unfold.
A Volatile Year With Flickers of Recovery
PENGU’s year so far has been, well, a rollercoaster. The first few months were rough, with consistent losses stacking up. Then came a burst of optimism in April, June, and July, where the token clawed back some of its momentum. Unfortunately, that upside fizzled from August to October, rounding out the year with more red than green.
Still, when compared to 2024, 2025’s performance looks… less grim. Sure, it’s been inconsistent, but it’s also shown stronger recoveries and better resilience in the mid-year months. The dips have been sharp, but the rebounds? Even sharper — hinting at an ecosystem that refuses to stay down for long.
A Bullish Flag Could Be Waving Again
According to analyst Ali, PENGU might be carving out another bullish flag pattern — the same type that’s historically preceded massive rallies for the token. The daily chart shows this familiar rhythm: strong runs followed by periods of steady cooling off, then another leg higher once consolidation ends.
Right now, PENGU sits dangerously close to the $0.022 support zone, a level that’s served as a trampoline more than once in the past. If buyers manage to defend it, the setup could spark a rebound that pushes prices through the $0.038–$0.040 resistance range.
And here’s where it gets exciting — if momentum carries through, a fractal extension could drive PENGU toward the $0.09–$0.10 range, potentially tripling its value. That’s a big “if,” of course, but it’s not out of the question given how these setups have played out before.
What Comes Next for PENGU
Right now, it’s a waiting game. The chart looks fragile, but the price action hints at accumulation near the lows — a quiet tug-of-war between fear and conviction. If market sentiment steadies and buyers stay consistent, PENGU could be setting up for another major move similar to its past breakouts.
Whether it’s another fakeout or the start of something bigger, one thing’s clear: Pudgy Penguins isn’t fading quietly. The token might just be gearing up for its next flight.
