Pudgy Penguins (PENGU) Price Surge Alert: Whale Accumulation Signals $0.017 Breakout Imminent

Whales are circling—PENGU’s $0.017 breakout isn’t just a maybe anymore. Here’s why the smart money’s betting big.

The Whale Playbook

Bid stacks are thickening faster than a Wall Street exec’s Rolodex. When deep pockets move, retail follows—or gets left holding the bag.

Technical Tailwinds

That $0.017 resistance level? It’s looking flimsier than a banker’s apology. Every retest chips away at sell-side conviction.

The Cynic’s Corner

Let’s be real—whales don’t accumulate out of altruism. They’re positioning for the pump while Twitter influencers ‘discover’ the chart next week.

One thing’s certain: when liquidity clusters at key levels, fireworks follow. Whether you’re front-running or FOMO-ing, keep one hand on the exit button.

Pudgy Penguins is starting to catch serious attention after posting a massive 120% rally and still holding strong NEAR local highs. While most altcoins are still struggling to find momentum, PENGU is quietly building strength with a clean technical structure and growing whale support.

Pudgy Penguins Posts 120% Rally

After a steep 120% surge, Pudgy Penguins is still holding ground, trading near local highs around $0.015 despite minor intraday dips. The one-month chart reflects strong upward momentum, with nearly +290% returns since early June, a breakout that has started turning heads across smaller-cap. It’s not just a meme chart anymore; this kind of performance often catches early rotation flow, especially from those scanning for under-the-radar performers.

Pudgy Penguins’ current price is $0.1529, up 4.84% in the last 24 hours. Source: Brave New Coin

While short-term volatility is a given after such an explosive move, the overall structure still leans bullish. The recent pullbacks have been shallow, and volume remains healthy. Ashleyez continues to support this range, and if the bulls do the same, PENGU could be carving out a base for another leg up.

PENGU holds steady after a 120% surge, with shallow pullbacks and strong volume signaling continued bullish structure. Source: Ashleyez via X

PENGU Volume Picks Up

As PENGU consolidates after its 120% surge, the latest chart shared by Lardie suggests momentum may be far from over. Volume is climbing quietly while the broader market stays in a slow state. The chart shows a strong breakout from the previous accumulation base, followed by a brief consolidation that hasn’t yet triggered a DEEP pullback.

PENGU volume trends upward as it holds post-breakout range, with price imbalance zone now key to next directional move. Source: Lardie via X

Technically, the next MOVE may hinge on whether PENGU Pudgy Penguins price fills the nearby price imbalance lower. The imbalance zone sits just below the current level and could act as a magnet if the price retraces. But if that gap is tested and defended, it sets up a solid springboard for another expansion leg. With the previous range now behind and the accumulation phase likely done, attention shifts to how PENGU handles its first real correction.

Pudgy Penguins Holds Key Level as Eyes Shift to $0.044 Target

Following its explosive 120% rally and a minor pullback, PENGU is now sitting right on top of a textbook ascending triangle breakout. This structure, which has been forming since March, just saw a clean retest. As highlighted in Ali’s chart, the price tapped the horizontal level and bounced, showing that buyers are still defending key levels after the initial move.

Pudgy Penguins retests its ascending triangle with buyers stepping in near support, setting sights on the $0.044 extension target. Source: Ali via X

With accumulation zones now behind and volume quietly rebuilding, the setup favors continuation. The $0.013 to $0.014 region is acting as firm support, and the Fibonacci extension points to $0.044 as the next logical target. If PENGU holds trend and clears the $0.017 resistance, this triangle retest could become the launchpad for another leg higher.

Whale Growth Adds Quiet Strength Behind PENGU Rally

While price and volume have taken center stage in PENGU’s recent 120% surge, another key development is quietly taking shape. Over the past 90 days, ahkek4 shows that whale wallets holding over 8.88 million PENGU, have grown by 2.56%, even as shark wallets (1M–8.88M) show a slight net outflow. This silent accumulation at the top suggests whale pockets are continuing to build exposure, while mid-sized holders may be offloading into strength.

Whale wallets holding over 8.88M PENGU grow by 2.56% in 90 days. Source: ahkek4 via X

This steady hand from whales adds a crucial LAYER of support beneath price action, especially with Pudgy Penguins holding firm in the $0.013 to $0.015 range. If this trend continues, it could provide the structural backing needed for PENGU to make a real attempt at its $0.044 breakout target.

Pudgy Penguins Price Prediction Eyes $0.017 Breakout

Following PENGU’s triangle breakout and increasing whale activity, a new pattern is now drawing attention and developing a cup and handle formation on the daily chart. Shared by Honey_xbt, this setup hinges on a confirmed breakout above the $0.017 level.

PENGU forms a clean cup and handle pattern, with a breakout above $0.017. Source: Honey_xbt via X

From a technical standpoint, a confirmed breakout above $0.017 with rising volume WOULD validate the cup and handle formation and potentially trigger a measured move towards the $0.028 to $0.030 zone. This wouldn’t just confirm the pattern, it would also align with the retest level highlighted by Ali Martinez. The structure is clean with a rounded base and minor consolidation. As long as PENGU stays above the $0.014 support floor and doesn’t invalidate the handle with a deeper drawdown, this pattern holds its bullish potential.

Final Thoughts

What makes PENGU Pudgy Penguins price stand out right now isn’t just the size of its rally, it’s how well it’s holding together. It’s building structure, retesting key zones, and showing clear signs of buyer interest. The $0.017 level may be the near-term hurdle, but the overall setup is preparing for a second leg.