PENGU Token Price Rally and Technical Analysis: Near-Term Trends and Blockchain Indicators for High-Risk Crypto Trading

The token, which is integral to the ecosystem, has recently drawn significant interest from both speculative investors and chart analysts following a dramatic price rally in late November 2025. This surge, which saw the token break through major technical formations and test important resistance points, has been driven by a mix of on-chain developments, positive macroeconomic sentiment, and heightened speculative activity. Although precise on-chain statistics for PENGU are difficult to isolate due to overlapping data with other platforms, overall market trends and technical signals point to the possibility of continued upward movement—provided certain conditions persist.

Technical Drivers: Multiple Bullish Patterns Align

, PENGU’s price behavior between November 10 and 18, 2025, demonstrated a classic bullish breakout from a falling wedge, a strong bounce from the 10-day simple moving average (SMA), and a retest of the central line within a pitchfork channel. These technical formations, which often signal the start of sustained upward trends, suggest that buyers have secured crucial support, especially at the $0.0355 mark. Clearing this level has opened the door for the token to potentially climb toward $0.043–$0.045, with further gains up to $0.048 or even $0.065 possible if market conditions remain favorable.

The bullish technical outlook is further supported by the token’s trading volume profile. While direct on-chain figures for PENGU are still unconfirmed, the wider

sector has experienced a notable increase in trading activity, with aggregate volumes across related platforms reaching $233.9 billion in Q3 2025—a . This indicates that PENGU’s rally is part of a broader speculative trend, fueled by retail enthusiasm and algorithmic trading that boosts overall liquidity.

Macro Factors and Market Mood: ETF Speculation and Valuation Potential

Beyond chart patterns, broader economic optimism has been a key factor. Analysts such as Luffy Taro have

could spark a dramatic price surge, drawing comparisons to previous explosive moves in tokens like . Such events often lead to self-reinforcing rallies, as speculative buying intensifies in anticipation of institutional involvement.

Comparisons of market capitalization also point to significant upside. Should PENGU reach a market cap similar to that of PEPE, its price could rise to $0.094—a

. While this target is ambitious, it highlights the token’s growing traction within the memecoin sector and the willingness of traders to project optimistic scenarios.

On-Chain Data Challenges: Pendle’s TVL and PENGU’s Performance

An important limitation in this analysis is the confusion in data attribution. While reports note that Pendle’s Total Value Locked (TVL) exceeded $8.75 billion in Q3 2025—a 118.8% rise from the prior quarter—this figure actually refers to the

protocol, not the PENGU token from Pudgy Penguins. . Nevertheless, the overall growth in TVL and trading activity across the crypto market suggests that PENGU’s price movement is part of a wider trend, with speculative funds flowing into high-momentum assets regardless of specific protocol data.

Risks and Considerations for Traders

Despite the optimistic technical outlook, caution is warranted. PENGU’s price remains highly speculative, relying on continued retail interest and the absence of regulatory setbacks. If the token fails to maintain support at $0.0355, a reversal could occur, prompting short-term traders to exit if resistance at $0.045 is not overcome. Furthermore,

adds another layer of uncertainty, as it is unclear if the token’s TVL or wallet activity matches the broader market’s strength.

Conclusion: High Risk, High Potential Reward

For those seeking speculative trades, PENGU offers an attractive short-term prospect, provided risk is managed appropriately. The technical setup, combined with positive macro trends and ample sector liquidity, creates a supportive backdrop for further appreciation. However, the lack of protocol-specific on-chain data and the token’s inherent price swings mean that a cautious stance is essential. Investors should approach PENGU as a leveraged play on the memecoin trend, using stop-losses and prudent position sizing to guard against losses.

As the cryptocurrency landscape shifts, PENGU’s future will depend on its ability to maintain its breakout or whether profit-taking will dominate. For now, technical indicators and sentiment lean toward continued gains, but the journey to $0.075 is far from guaranteed.