- •$PENGU broke multi-month resistance, transitioning into a bullish phase with $1 positioned as the next key target.
- •Market cap of $1.92B and $388M in trading volume reflect strong liquidity despite short-term volatility.
- •75% of holders remain bullish, supported by over 544,000 wallets and growing community adoption.
Pudgy Penguins ($PENGU) has transitioned from extended accumulation into a clear breakout trend, with technical structure and community sentiment aligned around $1 as the next psychological level.
Breakout From Extended Downtrend
For most of 2025, $PENGU traded within a downward pattern of lower highs and persistent rejection at resistance. This reflected sustained selling pressure and market uncertainty.
The structure shifted mid-year as higher lows compressed against the descending line, a sign that accumulation was underway. Such changes often signal that larger market participants are preparing for directional expansion.
The breakout confirmed this shift, as strong bullish candles and rising volume carried the price upward. Analyst K A L E O emphasized this momentum, noting, “$1.00+ is still a magnet.”
Key Market Levels and Structure
The previous all-time high acted as major resistance during early rallies but was convincingly reclaimed. This triggered strong momentum as sellers converted into buyers.
The $10 billion market cap level offered short-term consolidation before being cleared, now serving as a potential support zone if retracements occur.
The DOGE market cap peak from the last cycle now represents a psychological marker. With little technical resistance above, sentiment is increasingly focused on the symbolic $1 level.
Price Action, Liquidity, and Sentiment
At the time of writing, $PENGU trades at $0.03069, recording a 2.72% daily decline. Intraday moves peaked near $0.03157, reflecting active profit‑taking.
Market capitalization is $1.92 billion, with a fully diluted valuation of $2.72 billion. Circulating supply stands at 62.86 billion out of 88.88 billion, signaling a mature distribution model.
Trading volume of $388 million shows sustained liquidity despite a 22.54% drop. With over 544,000 holders and sentiment showing 75% bullish bias, the community remains confident in long-term prospects.