Pudgy Penguins (PENGU) Shows Potential for Upside Movement, ‘Power of 3’ Pattern Suggests

The cryptocurrency market has been experiencing a resurgence recently, with Ethereum (ETH) leading the way. ETH has surged more than 56% in the past month and is trading near $2,600 – levels not seen since late February. This positive momentum is also boosting memecoins like Pudgy Penguins (PENGU). PENGU has delivered impressive monthly gains of over 148%, and a potential technical setup could reveal its next move.