Pudgy Penguins token PENGU rose 27% over the past week as Bitcoin moved above $86,000 and renewed interest spread across altcoins and meme coins. Analyst Ali Martinez identified a squeeze in PENGU's weekly Bollinger Bands, a Tom DeMark Sequential nine setup followed by a Combo 13, bullish Parabolic SAR positioning and a SuperTrend buy signal. PENGU remains within a parallel price channel, with Martinez identifying its midpoint near $0.025 as the first upside target and the upper boundary near $0.045. The latter would represent roughly 430% upside from the levels referenced in the analysis, compared with an earlier estimate of roughly 400% based on a cited price of $0.00897. Dogecoin and Shiba Inu also gained roughly 18% and 15%, respectively, during the week.