PENGU Price Surges 40% Amid ETF Approval Speculation
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Pudgy Penguins (PENGU) has broken out of a multi-week consolidation phase with a 40% surge in the past 24 hours, now eyeing the $0.015 resistance level. The rally comes amid rising trading volume and bullish momentum indicators, with RSI exceeding 70 and MACD crossing into positive territory.
The token is testing a critical resistance zone between $0.008 and $0.010, which previously marked its breakdown point in early March. market participants are positioning for potential upside as the cryptocurrency sector anticipates broader institutional adoption through ETF approvals.
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