The Pudgy Penguins price recovery started trending shortly after Ali (@ali_charts) shared a strong-looking chart, showing a clear path upward for the Pudgy Penguins. With fresh momentum, improving indicators, and a growing brand presence, the excitement is apparent.
As per the CMC data, PENGU is currently trading at $0.01157, with an increase of 3.54% within the last 24 hours, while the broader crypto market was down by 1.05%. It has a market cap of $727 million.

Source: CMC
RSI is at 45 → momentum is balanced, neither overbought nor oversold.
MACD is turning Bullish → selling pressure is fading and buyers are stepping in.
Volume is moderate → not explosive but stable enough to support upward movements
These signs combined create the picture of a token trying to recover steadily.
Ali's post recently gave it a strong push. On the chart, the memecoin is still respecting a long-term rising trendline that runs all the way into 2026. Notice that every major dip in 2025 bounced from this same line, suggesting that the trend is still intact.

Source: X (formerly Twitter)
Here's what the chart highlights:
It has been supported for months by a rising diagonal trend line, which in general terms shows that the token has a solid base and might further increase if the trend remains intact.
There's a big resistance zone around $0.045–$0.050. If it breaks above this region, the chart opens up to much higher target ranges.
Based on the projection:
Short-term goals: $0.016 and $0.024
Major breakout zone: $0.045
Long-term targets: $0.080–$0.12, depending on momentum
This is why the analyst said $PENGU could be “one of the fastest to recover.”
The partnership with the Care Bears brought interest to the project. The announcement saw:
$1.01M futures inflow
$470K Whale buying
A noticeable social media spike
With the physical collectibles launching on December 12, the brand exposure could help PENGU gain more visibility during the holiday season.
While most altcoins are struggling, Pudgy Penguins crypto is displaying early signs of strength. With a clean uptrend on the chart, stronger indicators, and new partnerships, the memecoin surely looks set for a potential recovery phase. The most crucial near-term level to keep in sight is the 7-day SMA at $0.01144. Holding firmly above this level may set the stage for an even firmer rally.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.