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PENGU gains momentum with rising volume and whale support, eyeing $0.012 resistance breakout

Technical Signals
26 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

PENGU, a memecoin, extended its bullish trend supported by increased trading volume and whale activity amid a weakening dollar index. The token is trading above key exponential moving averages (EMAs) and approaching a critical resistance level at $0.012. Trading volume surged 11% to $453 million, indicating strong market participation, while whale orders suggest sustained demand from large investors. If this momentum continues, PENGU could break past the $0.012 resistance, potentially leading to further gains.

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