Pudgy Penguins (PENGU) has broken through a key resistance level and may be headed towards the $0.044 mark, nearly tripling its current price of $0.01587.
As of July 6, 2025, PENGU has a market cap close to $1 billion and has seen a weekly gain of almost 20%, with a slight 1.31% dip over the last 24 hours. The 24-hour trading volume exceeds $234 million.
Chart analysis shows PENGU forming an ascending triangle pattern, with a breakout point around $0.0155, indicating potential upward pressure and a surge post-resistance breach.
Key support and resistance levels for PENGU are immediate support around $0.01330, current resistance near $0.017, and a major target of $0.044. With strong technical signals and momentum, PENGU may be poised for a significant rally if it maintains support and trading volume remains high.