{"id":25494,"date":"2026-01-05T13:18:57","date_gmt":"2026-01-05T13:18:57","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=25494"},"modified":"2026-01-05T13:18:58","modified_gmt":"2026-01-05T13:18:58","slug":"pengu-skyrockets-by-50-pct-can-it-catch-up-to-pepe","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/pengu-skyrockets-by-50-pct-can-it-catch-up-to-pepe\/","title":{"rendered":"PENGU skyrockets by 50%: Can it catch up to PEPE?"},"content":{"rendered":"\n

Why Is PENGU Suddenly Surging?<\/h2>\n\n\n\n

The crypto market <\/a>is bouncing back after a challenging fourth quarter of 2025, and Pudgy Penguins<\/strong> is emerging as one of the leaders of this recovery. Currently trading<\/a> at around $0.0125<\/strong> (up nearly 9% over the last 24 hours), the token has broken out of a frustrating sideways consolidation that had persisted since mid-December.<\/p>\n\n\n\n

This impulsive move is no accident. On-chain data reveals a violent short squeeze<\/strong>: approximately $265,000<\/strong> worth of short positions have been liquidated, ten times more than long positions. This imbalance has acted as fuel for the price, forcing sellers to urgently buy back their positions.<\/p>\n\n\n\n

\"PENGU<\/figure>\n\n\n\n

Moreover, the OBV (On-Balance Volume)<\/strong> indicator shows an upward trajectory, exceeding $36 billion in cumulative volume. Additionally, the CVD displays a positive value for the first time since October 20<\/strong>. This confirms that this rally is supported by genuine capital inflow<\/strong> rather than mere empty speculation. Investors are accumulating, and buying pressure is real.<\/p>\n\n\n\n

Technical Analysis: The $0.0096 Support Is Vital<\/h2>\n\n\n\n

While euphoria is present, caution remains warranted. The $0.009746<\/strong> level is crucial to maintain. This is the lowest point of the range that PENGU is attempting to break through.<\/p>\n\n\n\n

For this breakout<\/strong> to be technically validated, bulls must absolutely defend this level in case of a retracement. As long as the price stays above this zone, the market structure remains decisively bullish<\/strong>. The momentum indicator, which has flipped from negative to positive, currently supports this upward dynamic.<\/p>\n\n\n\n

However, a move back below $0.0096 would invalidate the recovery scenario and could signal a classic fakeout, trapping late buyers. The distribution of sales shows a slowdown in selling pressure (decline in massive sell orders), which leaves the field open for buyers to test new resistance levels.<\/p>\n\n\n\n

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Can PENGU Target $0.02 as Early as January?<\/h2>\n\n\n\n

The market seems to want to push higher. With the current price flirting with $0.013, the next psychological and technical resistance sits around $0.015<\/strong>, before considering a return to all-time highs.<\/p>\n\n\n\n

\"PENGU<\/figure>\n\n\n\n

If volume continues to flow in and the overall crypto market sentiment remains positive in this early 2026 period, PENGU could well be one of Q1’s best performers<\/strong>. But be warned: if Bitcoin<\/a> shows signs of weakness, altcoins like PENGU will be the first to correct violently.<\/p>\n\n\n\n

With indicators turning green and whales seemingly accumulating, the question arises for traders: Is this the time to ride the PENGU wave or should we wait for a retest of the key support to enter safely?<\/strong><\/p>\n\n\n\n

Related topics:<\/strong><\/p>\n\n\n\n