PENGU Price Prediction: With multiple Favourable Information from Pudgy Party mobile game and ETF progress, the short-term target is directly aimed at $0.045.

PENGU market performance is booming, with a market capitalization exceeding 2 billion USD in a single day

According to CoinMarketCap data, the price of PENGU rapidly rose from a daily low of $0.02897 to $0.03456, and after a peak pullback, it remained steadily around $0.03242. The daily trading volume surged to 1.75 billion dollars, indicating strong market interest in this meme coin on Solana.

Last week, major CEX changed its official X (formerly Twitter) avatar to Pudgy Penguins NFT, which is seen as a strong endorsement of the project by mainstream trading platforms, injecting momentum into the rise of PENGU. In the past 7 days, the coin has accumulated an increase of over 117%.

Pudgy Party game will launch, promoting the integration of Meme coins and Web3 mobile games

Developed by Pudgy Penguins in collaboration with Mythical Games, "Pudgy Party" is a light competitive style multiplayer mobile game that will be available on the App Store and Google Play. It is reported that the game will continue the cute aesthetic style of the Pudgy brand, focusing on social and collectible gameplay, aiming to attract mainstream gamers.

To celebrate the upcoming launch, the project team has also initiated a PENGU airdrop event with a total amount of $5,000. Eligible users in the United States can participate in the lottery by sharing the promotional post, pre-registering their email, and using a Solana wallet. The deadline for this event is August 1, 2025.

Technical Analysis: Are We Approaching a Short-Term Top?

On the 4-hour chart, the RSI indicator for PENGU is 69.62, approaching the overbought zone, indicating strong buying momentum, but it also suggests that a consolidation may be imminent in the short term. Although the MACD remains in the bullish zone, the histogram is starting to flatten, signaling an initial slowdown in momentum. The Bollinger Bands show that the price is running close to the upper band, which is a typical parabolic breakout state. If momentum weakens, the price may pull back to the middle band (approximately $0.0297).

At the same time, the ATR (Average True Range) has risen to 0.00221, indicating a significant increase in market volatility, and prices may fluctuate dramatically in the short term.

Key Support and Resistance Levels

From the perspective of Fibonacci retracement:

• Support levels: $0.03136 (0.236 retracement level), $0.0297 (Bollinger Band middle line), $0.0270 (0 retracement baseline)
• Resistance Levels: $0.0340 (0.382 Retracement), $0.0361 (0.5 Retracement), $0.0383 (0.618 Retracement), $0.0452 (Full Extension Target)

If the price holds above $0.031 and successfully breaks through $0.0340, the next wave of upward movement is expected to extend to $0.038 or even $0.045 levels. However, if it falls below $0.0313, the price may retest the support zones of $0.0297 or $0.0270.

Summary

PENGU is leveraging the heat of the Pudgy Party mobile game and community momentum to emerge with strong performance. If the SEC approves the PENGU ETF or more trading platforms support this token, PENGU is expected to become one of the most talked-about meme assets on the Solana chain. Investors should enjoy the rise while also being aware of the risks and correction windows brought by high volatility.