Popular meme-coin analyst Crypto Aarav has released a video predicting a significant price move for Pudgy Penguin (PENGU) in the coming days. He argues that momentum, trading volume, and overall market conditions are aligning favorably for the token. Aarav describes PENGU as a "sleeper" asset that many traders are overlooking, noting rising chart activity and a shift in trading behavior over the past week.
The analyst ties PENGU's potential to the broader meme-coin sector, using the consolidation and signs of strength in FARTCOIN as evidence that the meme-coin market may be preparing for another rally. He believes PENGU is better positioned than many peers due to being less crowded and still attracting new interest.
Aarav emphasizes that this potential move is not occurring in isolation. He points to the stable performance of major cryptocurrencies like Bitcoin (holding above $90,000) and Ethereum (pushing toward $3,000) as creating an environment where capital rotates into smaller coins, especially memes. He calls this "the green light moment" for coins like PENGU, supported by technical hints such as forming breakouts, RSI lifting from oversold levels, and rising volume on lower timeframes.
Separately, market analysis indicates PENGU may be finding a price floor after months of decline, stabilizing in the $0.011–$0.013 range. Analyst Altcoin Sherpa highlighted a technical argument for a potential 2x move (over 100% gain) if broader market conditions improve and PENGU reclaims mid-range resistance. The current phase is characterized by early accumulation and stabilization, which often precedes a trend shift.
Aarav concludes that the real test for PENGU comes this week, and a breakout could "shock everyone" if momentum continues to build, though he advises traders to wait for strong confirmation before entering positions.
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