Pudgy Penguins (PENGU) Price: Rally Continues After Breakout — Watch These Levels

TLDR

• PENGU is trading at $0.006722, up 7.8% in 24 hours after breaking out of a falling wedge pattern
• The token posted a 17.36% gain after holding key horizontal support levels
• The Visa-powered Pengu Card has launched, adding real-world utility to the token
• Regulatory delays on a PENGU-linked NFT ETF have slowed institutional inflows
• Key resistance to watch is $0.006930 — a break above could push price toward $0.0075–$0.0079

Pudgy Penguins (PENGU) is trading at $0.006722 after gaining 7.8% in the last 24 hours.

The move follows a breakout from a falling wedge pattern, a chart formation where sellers ran out of steam and buyers took control.

Before the breakout, PENGU held firm at key horizontal support levels, then posted a sharp 17.36% gain.

The rally has been called a February “waddle back” — a recovery that held up even as the broader crypto market stayed weak.

The Visa-powered Pengu Card has launched, giving the token a real-world use case that extends beyond trading.

However, a PENGU-linked NFT ETF has faced regulatory delays, which has slowed some institutional money from entering the market.

On the technical side, PENGU is still trading below all its major moving averages.

The RSI (Relative Strength Index) has bounced back from oversold territory, confirming the current rebound has some technical backing.

Key Resistance Levels

The most important level to watch right now is $0.006930.

If PENGU breaks and holds above that level, the next targets are $0.0075 and $0.0079 in the short term.

Beyond that, $0.00783 has historically acted as a major resistance level. Breaking above it has previously opened the door to larger moves.

Higher resistance sits at $0.0115 and $0.0141, which would come into play if the rally continues.

Support Levels to Watch

On the downside, the key support levels are $0.00644, $0.00617, $0.00612, and $0.00586.

If momentum fades and PENGU fails to hold these, a drop toward $0.0052 is possible — a potential 22% correction from current levels.

Further down, $0.00452 has previously acted as a short-term floor in the data.

As of February 25, 2026, PENGU is trading at $0.006722 with immediate resistance at $0.006930 acting as the next key test for the token.

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