Vulgar Penguin – The Meme Coin Making a Violent Comeback from the Bottom
Vulgar Penguin is showing a strong recovery move after a heavy downtrend. The price has bounced sharply from the bottom around 0.000824 and is now trading near 0.0019, which indicates fresh buying interest and short-term trend reversal. Volume has increased significantly, confirming that smart money is stepping back into the market.
Market cap is around $1.9 million with over 8,800 holders, showing growing community participation. Liquidity above $340K gives decent stability for short-term traders. Technically, price has crossed above the short moving average, suggesting bullish momentum is building.
However, the price is still below the long-term moving average, meaning this move is currently a relief rally, not a full trend reversal yet. If Vulgar Penguin breaks and holds above the 0.0025 – 0.0030 zone, the next upside targets could be 0.0045 – 0.0060. Failure to hold above 0.0015 may lead to another retest of lower levels.
Overall, Vulgar Penguin is in a high-risk, high-reward zone, driven by meme hype and volume spikes. This token is suitable only for short-term speculative trades with strict risk management.