A bullish flag pattern has emerged on PENGU’s charts, sparking speculation about a potential price surge toward $0.1. Crypto analyst Ali Martinez highlights this formation, noting the repeated tests of the upper trendline suggest growing momentum on the chart. This follows a similar pattern that preceded the meme coin’s last rally, resulting in over 500% gains within a month. 0.031 — about 32% off its recent all-time high of $0.046. 0.031 — about 32% off its recent all-time high of $0.046, the chart suggests a possible breakout and price rally. 800% gains in only a few months. This bullish flag pattern is reminiscent of a previous surge that took PENGU to new heights. Despite this pullback, Martinez believes the resemblance to its earlier setup could mean another explosive leg higher. Pudgy Penguins has carved out a unique niche in the crypto space thanks to a highly engaged community and mainstream appeal.