Pudgy Penguins (PENGU) Price Prediction: Whale Accumulation Signals Potential Breakout
Smart money is flowing back into Pudgy Penguins (PENGU) as on-chain data reveals significant accumulation by top wallets. Over 2.16 million PENGU has been absorbed by whales in the past week, signaling renewed institutional confidence. This activity coincides with a breakout above key resistance levels, fueling speculation of an impending rally.
The resurgence of whale interest follows weeks of quiet accumulation, suggesting a strategic buildup before price expansion. Large holders like yolow11l have been steadily increasing positions, often a precursor to strong upward momentum. The token's visibility has been further amplified by its Kung Fu Panda collaboration, driving organic social media engagement.
Technical analysis indicates PENGU is testing a critical $0.06–$0.07 range. A sustained break above this zone could confirm the next bullish phase, with whale liquidity providing substantial support. Market participants are watching whether this marks the beginning of PENGU's next major advance.