Pudgy Penguins (PENGU) Price Prediction: Intraday Bounce Sparks Renewed Optimism
Pudgy Penguins (PENGU) has shown resilience with a steady intraday rebound, reclaiming the $0.0106–$0.0110 range after a brief dip. Buyers defended micro-support at $0.0104, signaling renewed confidence. Trading volume picked up slightly, suggesting opportunistic positioning by sidelined traders.
The token's current price stands at $0.01103, marking a 4.97% gain over the past 24 hours. While not a major trend reversal, the MOVE indicates absorption of recent selling pressure. A test of the $0.0112–$0.0113 zone appears plausible if momentum sustains.
Community sentiment remains bullish, with prominent holders like LilPudgyWhale expressing conviction in PENGU's potential to revisit the $0.02 range. The project's NFT-backed narrative continues to attract speculative interest despite market volatility.
