Pudgy Penguins (PENGU) price prediction: Breakout level stabilizes, long positions target $0.044?
Despite the short-term resistance posed by the funding rate, the synergistic effects of increased on-chain capital inflow, sustained rise in volume, and the recovery of social media hype have collectively built a bullish foundation. As long as the price can maintain stability above the breakout level, accompanied by steady Token accumulation and a healthy bullish market structure, then pushing the price towards the $0.044 Fibonacci extension target in the short term will be a feasible goal in the PENGU price prediction.
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