PENGU, a Solana-based memecoin, has surged 8% to $0.01138, rebounding from a support level of $0.009732. This price increase follows the announcement of a new partnership with Care Bears, which has bolstered investor confidence. Additionally, futures inflows have reached $1.01 million over the past 24 hours, indicating a potential breakout and renewed interest among buyers. On-chain data reveals sustained inflows and significant whale accumulation, with spot inflows totaling $470.39K. The recent price action suggests a possible end to bearish trends, as the memecoin gains traction among investors.