Attention traders and NFT gem hunters!
The meme asset that sparked excitement on social media, PENGU, has just shown clear signs of life after a technical bounce from $0.0088. The buying pressure has returned strongly, and we’re not the only ones saying it: the charts don’t lie.
According to data from CoinGecko and technical analysis led by independent trader @CryptoTony_, the buying volume has recorded a 37% increase in the last 48 hours, surpassing a critical short-term resistance at $0.01020–$0.01030. This is not just market noise: it is a signal that could unleash a new mini rally in the jungle of meme NFTs.
🔍 Suggested technical setup:
Ideal entry: $0.01020 – $0.01030
Target 1 (TP1): $0.01065
Target 2 (TP2): $0.01135
Stop Loss (SL): $0.00985
What’s behind this movement?
Sources like Lookonchain have detected accumulation by active addresses since early June, while @NFTGod, a recognized influencer in the NFT ecosystem, points out that "PENGU could be one of the first serious experiments to hybridize meme value with NFT visual utility. What Dogecoin was in 2020, PENGU could be for this new post-halving wave."
And there's not just hype. The smart contract of PENGU has recently been audited by CertiK, clearing doubts about its security.
With solid support revalidated and a resistance that seems to have given way to market pressure, the question is not if PENGU will rise... but how long the FOMO will last.
