**PENGU Price Surges 40%, Targets $0.015 as ETF Approval Hype Grows**
Pudgy Penguins (PENGU) has skyrocketed by **40% in the past 24 hours**, breaking out of a long consolidation phase with a strong bullish push. After weeks of sideways trading between **$0.004 and $0.006**, the price has now surged past the **$0.008–$0.010 resistance zone**, a key level that previously capped upside moves.
The breakout is backed by **heavy trading volume** and strong technical signals:
- **RSI** has crossed **70**, confirming strong bullish momentum.
- **MACD** has turned bullish, with the MACD line rising sharply above the signal line.
- Price is now holding above both the **20-day EMA** and **50-day SMA**, signaling a potential trend reversal.
With the market buzzing over a **potential ETF approval**, traders are eyeing the next major target at **$0.015**. If buying pressure continues, PENGU could see even bigger gains in the coming days.
**Stay tuned for updates!** 🚀