The Pudgy Penguins token (PENGU) gained more than 12% over the past 24 hours, as part of a broader crypto market recovery. Analyst Ali Martinez identified several bullish technical indicators on the weekly chart, including a Bollinger Bands squeeze, two Tom DeMark Sequential buy signals and a SuperTrend buy signal. The latter had historically preceded a 1,156% rally. PENGU currently trades around $0.00897, with targets between $0.025 and $0.045. Other meme coins also posted strong gains, with PEPE climbing 25% and dogwifhat nearly 20%.
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