$PENGU might face resistance near $0.046 if the upward momentum is not exhausted.
It has recovered the levels it lost after JANUARY.
If people continue playing hot potato, the weekly chart might form a zigzag pattern, rather a range, or a steep decline as it has happened with $PEPE .
Nevertheless, being related to an NFT collection contribute to value compared to pure memecoins.
Yet one might wonder if PENGU will not dissapoint "investors" in the long run, as did $APE when the hype of BAYC faded.