Pudgy Penguins Boosts PENGU Token With Strategic Suplay Inc. Alliance

The PENGU token, linked to the Pudgy Penguins project, has recorded a 17.59% increase over the past 24 hours, reaching a price of $0.03341 following the announcement of a strategic partnership with Suplay Inc., a company specializing in collectibles. According to market data, the rise is accompanied by high trading volume and a favorable technical structure characterized by higher highs and higher lows.
The partnership between Pudgy Penguins and Suplay Inc. aims at international expansion, focusing on the Asian region, considered a major hub for the collectibles market. This collaboration has attracted investor attention, giving a positive boost to the NFT project.
On the technical side, support is found between $0.0300 and $0.0305, with the primary support between $0.0283 and $0.0285. Immediate resistance is identified between $0.0340 and $0.0345, with a secondary zone between $0.0335 and $0.0338. Technical indicators, including MACD and RSI, show positive sentiment, although an RSI of 88.07 signals possible short-term consolidation.