Home/News Feed/PENGU token shows bullish signals with potential 430% rally after low volatility squeeze. Pudgy Penguin's meme coin, PENGU, is showing signs of a major bullish breakout on its weekly chart, with multiple technical indicators like Bollinger Bands, Tom DeMark Sequential, Parabolic SAR, and SuperTrend signaling a potential upside move. The price is currently in a low-volatility squeeze, often a precursor to a sharp price increase. Analyst Ali Martinez highlights key resistance targets at $0.025 and $0.045, the latter representing a potential 430% gain from current levels. However, the rally depends on whether PENGU can break out of the squeeze with strong follow-through buying.
As of Sep 23, 2026 01:02 WIB, PENGU on Pluang is priced at Rp170, showing a strong 1-day gain of 11.26%. The market cap stands at Rp10,59 trillion with a 24-hour trading volume of Rp7,07 trillion. Notably, the Pluang order activity is nearly balanced with 52% Sell and 48% Buy, while the typical hold time is 31 days, highlighting active trading interest in this meme coin.