Memecoins Are Back: Pengu Flashes Buy Signal as Maxi Doge Raises $100K in Presale

Pudgy Penguins ($PENGU) is making a comeback after a sharp decline, showing several signs that the meme coin trend might be shifting. As $PENGU gains momentum, new players in the crypto market, like Maxi Doge ($MAXI), are showing interest.

The standout? A fresh TD “9” buy signal right at a key demand zone – a setup traders often watch for early reversals.

Add in a bullish RSI divergence, a surge in on-chain activity, and the fact that $PENGU has now flipped $BONK to reclaim its spot as one of the top Solana meme coins, and the stage is set for what could be a serious bounce.

After all, when the leading meme coins wake up, the whole sector – including fresh crypto presales – tends to run.

Why Analysts are Bullish on $PENGU

The TD Sequential “9” buy signal flashing on $PENGU is a classic sign of trend exhaustion, often preceding sharp reversals. Its appearance at the $0.036 demand zone (a key trendline support) adds conviction, suggesting that sellers may run out of steam.

Momentum indicators are reinforcing the case. The RSI shows a clear bullish divergence, hinting at waning selling pressure and the potential for an upside shift.

On-chain metrics strengthen this outlook: $PENGU has 563K+ holders, recently flipped $DOGE in trading volume on some exchanges, and daily active addresses have climbed to 20K.

These figures highlight growing participation and point to it being among the best meme coins. That’s regaining strength, not fading away.

Next Price Targets and Technical Outlook

Analyst Lennaert Snyder believes $PENGU is primed for a breakout above $0.043, with a potential rally toward $0.073 if momentum holds – a view supported by the latest chart structure.

This projection hinges on $PENGU maintaining its critical $0.036 support, which has repeatedly acted as a springboard for recoveries.

In the near term, $0.041 is the first key resistance, followed by $0.045, where stronger selling pressure may emerge. A decisive move through these levels would confirm a broader trend reversal and open the door to Snyder’s target zone.

Conversely, losing $0.036 could invalidate the bullish setup. However, the confluence of strong support, improving indicators, and rising participation suggests $PENGU’s next move may be higher.

Meme Season Ignites

Meme coin season is heating up again, and $PENGU is leading the charge. Now the top meme coin on Solana with a $2.4B market cap and trading at $0.0383, its recovery reignites interest across the sector.

Historically, smaller-cap meme plays tend to follow suit when a leader like $PENGU flashes bullish signals. This rotation effect is already drawing attention to new presales, with Maxi Doge ($MAXI) emerging as one of the most-watched contenders in the current meme coin pipeline.

Maxi Doge ($MAXI): Meme Coin With High-Octane Hype

Maxi Doge ($MAXI) is a full-blown spectacle, and it’s already moving fast. Having pulled in over $100K within days of launch, the project has tapped into high-octane hype that only the most unhinged corners of crypto can deliver.

This isn’t your typical “cute dog” narrative. $MAXI comes with a 1,000x leverage mindset, a protein shake-fueled community, and a mission statement that reads more like a locker-room pep talk than a whitepaper.

Its satirical edge is what’s making it stick. This project leans hard into the absurdity – backed by early staking rewards of a staggering 1,860%- from memes of Maxi Doge bench-pressing Dogecoin to Red Bull-fueled trading marathons.

If $PENGU is the comeback kid, $MAXI is the gym rat kicking down the door.

Final Thoughts: Penguins March, Doges Flex

Pudgy Penguins’ fresh TD “9” signal, bullish RSI divergence, and on-chain momentum make it the meme coin to watch as it claims the Solana crown.

But the real kicker is how this resurgence often sparks broader meme coin rotations, and Maxi Doge’s satirical, high-energy presale is already capitalizing on that wave.

With $PENGU at $0.03830 and $MAXI offering 1,860% early staking rewards, this could be one of those rare windows where the meme coin market flips from quiet to chaotic in a hurry.

If you’re hunting early plays, it might be time to keep one eye on the charts and the other on presales. Just remember: in meme coin land, the only constant is volatility.

This is not financial advice. Meme coins are highly speculative and can be extremely volatile. Always do your own research (DYOR) and never invest more than you can afford to lose.