PENGU Token Surges 20% Amid NFT Market Rally
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BTCCSquare news:
Pudgy Penguins (PENGU) has skyrocketed over 20% in 24 hours, reaching multi-month highs as the NFT market regains momentum. The token broke out of a symmetrical triangle pattern, a bullish continuation signal, hitting $0.379 before showing signs of overbought conditions.
Technical indicators suggest a potential pullback to the $0.031–$0.032 support zone before another upward leg. The rally mirrors renewed interest in PENGU's NFT collection, with the token reclaiming levels last seen in mid-January.
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