PENGU price surged 9% in 24 hours, reclaiming a $2B market cap and solidifying its position as Solana’s second-largest meme coin. ADX at 15.5 suggests weak trend strength, while RSI rose sharply to 49.8, signaling recovery from oversold conditions. PENGU trades between $0.031 support and $0.034 resistance. A breakout above $0.034 could target $0.04-$0.0439, intensifying its rivalry with BONK. However, losing $0.031 support risks a drop to $0.029 or $0.025. Momentum remains key to sustaining its uptrend.