PENGU Surges 10% Amid Market Lull — But Here’s Why a Pullback Could Be Looming

Meme coin PENGU has emerged as today’s top crypto market gainer with a nearly 10% surge over the past 24 hours. This rally comes amid a broader lull across the crypto market, where major assets have struggled to gain traction. However, despite the bullish momentum, technical indicators suggest buyer fatigue may be setting in, raising the risk of a short-term correction in PENGU’s price. PENGU Faces Resistance and Bearish Bets Between May 14 and June 26, PENGU traded within a descending parallel channel, struggling to gain upward momentum source: https://beincrypto.com/pengus-price-targets-may-high/