PENGU is showing strong momentum with rising volumes and renewed market interest, as participants watch for a breakout towards higher price targets in Q4.
PENGU has stormed back into the spotlight with heavy trading activity and strong community support, reclaiming a near $2B market cap alongside surging daily volumes. This renewed momentum has sparked optimism that the token could be gearing up for its next breakout leg.
PENGU’s Bullish Momentum Is Back
The recent uptick in price shows clear signs of strength after reclaiming strong momentum in both price and activity. The token is trading near $0.0316 with over $560M in daily volume, reflecting price recovery. This surge puts PENGU firmly back in the conversation as one of the most active names on the meme front.
Pudgy Penguins’ current price is $0.03169, up 8.33% in the last 24 hours. Source: Brave New Coin
Data shows that Pudgy Penguins PENGU’s market cap has reclaimed nearly $2B while volumes remain elevated. Sustained participation at these levels strengthens the bullish outlook, with momentum now tilting firmly in favor of further upside attempts.
Expansion Phase Points Towards $0.039–$0.040
On the 4-hour chart, PENGU recently confirmed a CHoCH (Change of Character) after breaking out of its accumulation phase. This flip in structure usually precedes sharp moves as market sentiment shifts from neutral to bullish. The immediate technical read suggests that the expansion phase is underway.
PENGU confirms a bullish structural flip, eyeing $0.039–$0.040 as the next breakout target. Source: X_Four_iv via X
Analyst X_Four_iv highlighted that the prior high at $0.039 to $0.040 is now the target for this breakout leg. Clearing that zone would validate the structural flip and set the stage for higher levels, effectively turning the former resistance into a strong accumulation base.
Smart Money Supports the Rally
Nansen data shows Pudgy Penguins posting a 12.7% gain in 24 hours, backed by $530M in volume. Notably, there have been $9.4M in exchange outflows, which is typically a bullish sign as coins leave centralized platforms. Top PnL traders have also added $1.1M worth of PENGU, while 70.5M tokens were diamond-handed for seven days straight.
PENGU’s rally gains credibility with $9.4M in exchange outflows and strong trader accumulation. Source: Nansen via X
This kind of activity reflects conviction from both retail and institutional-style players. With $4.6M in new wallet inflows, the on-chain picture confirms that PENGU’s rally isn’t just speculative noise but has strong support beneath it.
PENGU Key Levels and 30-Day Outlook
From a technical standpoint, immediate resistance sits at $0.039, with the psychological level of $0.045 marked as a 30-day target. PENGU holding $0.025 as key support will be essential for maintaining the bullish setup. As long as these levels are respected, the broader structure remains constructive.
PENGU price eye $0.039 as the key pivot, with $0.045 set as a 30-day target. Source: Slim via X
Slim emphasized that Pudgy Penguins could even lead to new all-time highs by December. The steady stair-step pattern of higher lows supports this call, especially if volume sustains during breakout attempts. Participants are now closely watching the $0.039 pivot zone as the trigger level for further upside.
Whispers of a Pudgy Penguins Parabolic Move
Crypto analyst Nobi hinted that major Pudgy Penguins news is circulating behind closed doors, fueling speculation of a massive parabolic move. These kinds of early narratives often precede large speculative inflows, especially in meme-driven ecosystems like PENGU’s.
If catalysts align with the current bullish momentum, it wouldn’t be surprising to see PENGU Price Prediction extend beyond near-term resistance levels, catching the sidelined participants off guard.
Final Thoughts: PENGU Price Prediction
PENGU’s latest rally shows why meme coins can’t be ignored when momentum starts building. The token has managed to reclaim strong support levels, attract smart money inflows, and push volume back into the billion-dollar range. All of these signals suggest the market is shifting back in Pudgy Penguins PENGU’s favor.
The $0.039 to $0.040 zone remains the first big hurdle, but a clean breakout there could flip sentiment rapidly and put fresh highs on the table.
The PENGU Price Prediction for Q4 places $0.050 as the next key milestone, with potential extension towards $0.075 if momentum accelerates. As long as $0.025 holds as the structural floor, bulls remain in control of the trend.