Pudgy Penguins (PENGU) is gaining traction as technical indicators and on-chain data point to a bullish outlook. The cryptocurrency has formed a cup-and-handle pattern, suggesting a potential breakout. Analysts highlight that a close above $0.045 could propel PENGU towards $0.08. Investor confidence is bolstered by strategic brand partnerships, including collaborations with Kung Fu Panda and Invariant. Additionally, whale accumulation and futures data indicate a resurgence in bullish momentum, further supporting the positive sentiment around PENGU.