Pudgy Penguins (PENGU) is exhibiting bullish signals as whale accumulation and significant exchange outflows suggest a potential price recovery. According to Coinotag, PENGU has seen $863,000 in exchange outflows, indicating strong buyer interest. The presence of a validated TD Sequential buy signal further supports the possibility of a breakout above $0.021. On-chain data reveals increased institutional interest, with large order sizes and accumulation patterns reminiscent of previous bullish phases. Technical indicators, including a cup-and-handle formation, suggest potential price targets of $0.0305 and $0.0447 if the breakout materializes.