$PENGU This week, the PENGU token has had an impressive performance, with an increase of up to 120% in its price, reaching USD 0.03433. Despite the overall decline in the cryptocurrency market, PENGU has maintained significant upward momentum, standing out among the leading cryptocurrencies.

The trading volume has surpassed USD 1.69 billion, driven by the anticipation of the Pudgy Party game launch. Technical indicators are favorable, with the Awesome Oscillator showing strong buying pressure. PENGU has broken its previous trading range and is now above the key resistance at USD 0.033, with a potential target at USD 0.043. Additionally, the possible approval of an ETF related to PENGU could attract more institutional investment, potentially driving the price to new highs. Support levels are at USD 0.024, USD 0.015, and USD 0.009, providing a safety margin for investors.