PENGU has caught market attention again as whale accumulation and bullish chart patterns hint at the potential start of a powerful new rally.
A surge in smart money inflows has reignited excitement around PENGU. Top wallets are once again accumulating, signaling growing confidence among large holders and institutions. This renewed activity follows weeks of quiet accumulation, and now, with the token breaking key resistance levels, participants are starting to speculate whether this could be the beginning of PENGU’s next major rally.
Smart Money Returns to PENGU
On-chain data shows that smart money has begun flowing back into PENGU, with top wallets like yolow11l accumulating steadily over the past few sessions. The whale dashboard highlights over 2.16 million PENGU in net inflows during the last seven days, a clear indication of renewed institutional and large-holder confidence. This activity aligns with the growing hype surrounding the Kung Fu Panda collaboration, which has amplified visibility and driven organic interest across social platforms.
Pudgy Penguins’ on-chain data reveals over 2.16 million PENGU in whale inflows this week, signaling renewed smart money confidence. Source: ak kek via X
Such consistent accumulation from leading addresses tends to precede strong expansions. If the trend continues, it could establish a new base of liquidity for the next bullish leg. Momentum from whale activity often acts as a leading indicator, suggesting that sentiment among informed participants is starting to shift decisively back towards accumulation.
Cup-and-Handle Breakout Shows Growing Strength
PENGU’s recent chart from ShangoTrades shows a structure that confirms a breakout from a well-defined cup-and-handle formation, a classic continuation pattern often preceding sharp upside extensions. The neckline breakout around $0.035 to $0.038 has now been validated with multiple daily closes above resistance, accompanied by expanding trading volume, a strong technical signal that bulls are regaining control.
Pudgy Penguins’ chart confirms a cup-and-handle breakout with volume expansion, signaling strong bullish momentum. Source: ShangoTrades via X
If the Pudgy Penguins move sustains, the next major upside targets sit near $0.060 and $0.075, zones that align with measured projections from the pattern’s depth. The broader setup suggests PENGU could be entering a multi-week expansion phase, especially if the market retains its current momentum and volume trajectory.
Market Confidence Grows Around PENGU Pudgy Penguins
Momentum for PENGU Pudgy Penguins continues to build as market participants recognize its resilience following consolidation. The chart from noms_online shows a clean reversal structure with a double-bottom formation, signaling accumulation across multiple sessions. Prices have been coiling between 0.013 to 0.018 before breaking higher, with the next visible resistance positioned near 0.026 to 0.030.
Pudgy Penguins (PENGU) shows a double-bottom reversal and growing market confidence as price breaks from consolidation. Source: noms_online via X
Beyond technicals, sentiment remains strong within the PENGU community, backed by social engagement and network leadership under Luca Netz. Such a structure, combined with solid community and liquidity, makes it one of the few social assets forming a sustained recovery base. Should this uptrend persist, it may well emulate the early-stage structure seen in DeFi tokens during 2020.
Can PENGU Hit $1.00 This Cycle?
According to Brave New Coin, PENGU is currently priced at $0.02139, with a market cap of $1.34 billion and daily volume exceeding $111 million. The asset ranks among the top 100 coins globally, reflecting its growing adoption and trading depth. Price has been trending slightly higher over the last 24 hours, suggesting that buying pressure is gradually overpowering sell-side liquidity.
Pudgy Penguins’ current price is $0.02139, up 1.40% in the last 24 hours. Source: Brave New Coin
From a technical standpoint, maintaining support around $0.018 to $0.020 is critical. A breakout above $0.028 to $0.032 could confirm the start of a major bullish extension, potentially revisiting the $0.05 to $0.07 zones first. Reclaiming these levels with volume expansion would strengthen the long-term argument that PENGU’s current structure could evolve into a cycle-level rally later this year.
Final Thoughts: PENGU’s Momentum and Market Outlook
The convergence of on-chain accumulation, technical strength, and narrative-driven hype paints a constructive picture for PENGU’s trajectory. Smart money inflows and strong community engagement suggest that the asset is moving into a phase of renewed confidence.
For Pudgy Penguins’ immediate term, participants will be watching $0.025 as near-term resistance and $0.018 as structural support. Holding this range with rising volume would confirm that market participants are preparing for another expansion phase.