Pudgy Penguins Price Analysis: Breakout Signals Indicate Potential Rally

The Pudgy Penguins (PENGU) token is showing signs of renewed life after a period of consolidation, signaling potential for a price rally. The token has been stuck between $0.026 and $0.036 for weeks, but recent activity suggests a breakout is possible. 4-hour chart analysis reveals a significant rise in price, pushing it up to $0.0325 – a 4.25% increase in the latest session. This follows a period of low trading volume and hints at renewed buying interest after weeks of compression.