Pudgy Penguins Token Surges 70% in Weeks

Pudgy Penguins (PENGU), a token associated with one of the most recognizable NFT collections, has experienced a significant surge, breaking a long-term downtrend and flashing its strongest bullish structure since 2023. The token has surged over 70% in just a few weeks, rallying from below $0.0090 in June to a recent high of $0.0172. This performance indicates a strong market optimism and a potential for further growth.

Pudgy Penguins has reinvented itself as a definitive brand in the culture and Web3 space, despite being previously discredited as a dying product. The recent performance of its tokens shows that the market is optimistic, with technical breakouts visible on two-day and weekly charts. The token is now testing a central resistance zone that could decide its next trend direction.

The most significant trend over the past several weeks is the breakout of PENGU out of a descending trendline that persisted for many weeks. This breakout resulted in a sharp upside move that saw the price rise from levels below $0.010 to the main resistance zone between $0.0172 and $0.0188. Overcoming this area and staying above it would be a critical step to take. The first significant support is at $0.0154, which was used as the breakout base. Maintaining this territory would be a sign of remaining bullish formation in the remainder of 2025. Meanwhile, a correction less than this would cause an even deeper retest to the levels of $0.0126-$0.0114, where a powerful EMA cluster now forms.

The RSI is more than 69, a daily sign of overbought tokens. Although this may indicate the possibility of a temporary cooling of temperature, it also highlights how strong the recent move was. The bulls have the momentum strongly. The MACD indicator offers additional corroboration. A bullish crossover is done, and the bars of the histogram become broader and wider, a signal of strengthening positive momentum. Momentum must reverse sharply to reverse this configuration and stave off an extension of the trend.

The Bollinger Bands have expanded considerably after previous contraction, and this is a sign of expansion in progress. The price has been hovering around the upper band, indicating intense buying interest. Nonetheless, consumers ought to watch out when candles start closing below the middle of the band for signs that there is another signal of endurance. This post-squeeze growth will likely be followed by a multi-day to multi-week trending phase, and the ongoing move might well be early days in that trend.

The Supertrend indicator puts the market in a bullish mood, as it lags behind the price steadily by $0.0111, which can be considered dynamic support. Besides, the Parabolic SAR dots stay below price candles, which confirms the bullish argument. PENGU is at this point higher than all major exponential moving averages (20, 50, 100, and 200), thus indicating total bullish alignment between short and long-term time horizons. This EMA cluster of $0.0114 to $0.0126 is currently a magnet that serves as a place of high demand in case of a retreat.

Based on a Fibonacci retracement using the recent local high at around $0.047, the key resistance points will be seen on the measurement of Fib 0.382, which is at $0.0203, and Fib 0.5, at around $0.0254. Once above a clean wave at $0.0254, we could see a break to the upside to test around $0.0306 (Fib 0.618) and even to $0.0360 later on in this cycle.

PENGU is poised to end 2025 with considerable strength, provided it can hold the $0.0150–$0.0170 area and break out convincingly above $0.0188. Should that occur, the token could target $0.0225 by Q4 2025. However, failure to break resistance may result in sideways price action between $0.0126–$0.018. If PENGU can establish a foothold above the $0.020–$0.025 zone, bullish continuation toward the $0.0306 Fibonacci level is highly likely. A stable NFT sector could drive even greater demand. Under favorable conditions, highs near $0.027 are feasible by the end of the year.

By 2027, PENGU may enter a phase of bullish consolidation above $0.025, setting the stage for an ascending triangle breakout. A sustained move above $0.0315 would validate a major trend shift, especially if NFT activity re-accelerates. The range between $0.040 and $0.045 could act as the next key target. If global macro conditions and crypto narratives turn favorable, PENGU may enter a price discovery phase. Breaking past the $0.047 high from early 2025 could open room to surge between $0.055–$0.065. Average buying zones during dips may form around $0.038–$0.042.

NFT-related tokens could rotate into stronger positions within the broader crypto space by 2029. With key resistance levels flipped into support, PENGU might push toward the $0.075 mark, guided by long-term Fib extensions. Pullbacks to $0.045–$0.050 may offer re-entry opportunities during accumulation cycles. Looking further out, if the NFT infrastructure matures and Pudgy Penguins continues to grow as a cultural brand, price targets between $0.085 and $0.095 become realistic. A more stabilized market could bring the average annual price to around $0.060, reflecting increased investor confidence.

Pudgy Penguins (PENGU) has completed a notable technical reversal, showing strength not seen in over a year. With price action confirming a breakout and momentum favoring buyers, the token is now at a crucial inflection point. If PENGU holds above the $0.0150–$0.0170 region and clears $0.0188 resistance, it could trigger an intense continuation phase that may extend well into 2026. The technicals—ranging from RSI and MACD to EMAs and Supertrend—all support a bullish outlook. With broader NFT sentiment slowly improving and ecosystem developments resuming, PENGU could emerge as a breakout performer in the following market cycle. While near-term pullbacks and volatility are expected, the long-term setup suggests a path toward $0.050 and beyond by 2027–2028, with potential to reach $0.085–$0.095 by the end of the decade.