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At the same time as the altcoins market continues to rise, Paji Penguins Memecoin (PENGU) has also grown by 8.6% in the last 24 hours and by recording one of the best performances in the memecoins market, it has increased its return to 47% since the beginning of 2026.
However, analysts warn that the key resistance of $0.0128 will determine the continuation of the upward trend of this digital currency.
A break above this level would increase the chances of further gains to $0.016 and $0.022, but a break back below $0.0105 could weaken the recent rally.
In the meantime, investors should also pay attention to the situation of Bitcoin; Because BTC price correction can intensify the market volatility and affect the sentiments of PENGU buyers.
In the short-term, Pengo is likely to correct to the $0.0110-$0.0115 range, but buying pressure is still evident in the lower timeframes, indicating that this memecoin has the potential to continue its upward trend.
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