Pengu’s Recent Price Action Mirrors June-July Pattern Before Its Last Major Rally

The token Pengu (PENGU) is displaying a price action pattern reminiscent of its surge in June and July, signaling potential for further growth. This resemblance stems from strong support levels, high trading volume, and consistent market activity, similar to the setup seen before PENGU’s last major bull run. Analysts point out that the current consolidation resembles earlier accumulation patterns, fueling speculation about a future breakout.