🔥 PENGU Poised to Rise: New Weekly Highs on the horizon? After days of consolidation and steady gains, $PENGU, a token pegged to the popular NFT brand Pudgy Penguins, appears to be poised to rise. Both technical indicators and market sentiment suggest that $PENGU has a good chance of breaking through this week’s previous highs and is expected to break through $0.48 and even higher. 📈 Technical Overview - Current Price: ~$0.045, up slightly daily - Weekly High: ~$0.0465 to $0.047 - Consolidation: Prices remain in a narrow range, usually before a breakout - Volume: Still strong, with 24-hour volume over $1 billion, indicating continued market attention - Momentum: RSI and MACD turn bullish on lower timeframes ⚠️ Risks to Watch - If the breakout fails, a pullback to key support around $0.041 to $0.042 is possible - High volatility and social-driven sentiment could trigger a quick reversal - Despite growing adoption, the token remains a speculative asset PENGU is on the verge of a major technical breakout. A breakout and sustain above the previous weekly high could quickly test the $0.48 level or higher. From a risk/reward perspective, PENGU is currently one of the most watched altcoins this week. #pengu #MEME