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Pudgy Penguins (PENGU) Price Prediction: 32% Jump on ETF Buzz Puts $0.024 and $0.060 in Sight

  • The SEC acknowledged a spot ETF filing linked to Pudgy Penguins (PENGU), leading to a 32.8% price jump within one day.
  • Prior to the ETF news, PENGU order books showed significant accumulation, indicating a shift in market sentiment towards the cryptocurrency.
  • Technical analysis suggests a bullish momentum for PENGU, with key levels turning into support and potential targets of $0.028, $0.038, and $0.060 by August.
  • Crypto analysts predict a short-term target of $0.0240 for PENGU, with a clean breakout structure and strong price behavior supporting the bullish outlook.

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