PENGU surges 107% in a strong recovery, setting sights on resistance at $0.011 with upside targets at $0.0126 and $0.0171.

SUI jumps 70% but faces critical resistance at $3.73, with $4.25 as the next major target if bullish momentum holds.

The cryptocurrency market continues to show interesting shifts and trends, with some tokens recovering strongly while others face difficulties. This week, Pudgy Penguins (PENGU) has seen a remarkable price surge, setting it on a course to test new resistance levels. Meanwhile, SUI is making a valiant attempt to break out of a critical technical zone, and RENDER lags behind in a competitive market.

A Strong Recovery Pushes Pengu Towards Resistance

Pengu was once the leading meme coin on Solana, even managing to peak at a market cap of $2.92 billion on January 6. However, after its explosive rise, the token entered a prolonged correction phase, with its market cap falling below the $1 billion mark by January 29. Since then, Pengu has struggled to regain its previous momentum, reflecting the broader cooling interest in meme coins during that period.

Despite the correction, recent price action suggests that sentiment around Pengu may be shifting again. Over the past seven days, Pengu has surged by 107%, including a gain of more than 16% in just the last 24 hours. This strong move could soon see Pengu testing the next resistance level at $0.011. If this point is breached, the way toward $0.0126 could open up.

If bullish pressure remains high, further targets at $0.0171 and even $0.0223 could come into play, marking Pengu’s highest price since January 27 if it manages to break above the $0.020 mark. However, if sellers manage to defend the $0.011 resistance, Pengu could pull back to retest the support at $0.0082, with a failure to hold this level leading to deeper drops toward $0.007 or even $0.006.

Sui Faces Critical Resistance in a Powerful Move

Among altcoins, Sui has been one of the standout performers this week, surging by 70% and positioning itself just behind Cardano, Solana, and XRP in market cap among the major cryptocurrencies. However, with such a powerful move occurring quickly, Sui is approaching critical technical levels that could determine whether the rally continues or faces a setback.

Recently, Sui tested the resistance at $3.73 but failed to break through it. If it manages to test this level again and manage to break above it, the next target would be at $4.25, which would also mark Sui’s first time trading above $4 since January 31.

But if bullish momentum fades, Sui could retrace to test the support zone at $3.25. Losing this support could lead to a deeper correction toward $2.92 or even $2.51, making the coming price action especially important for assessing whether Sui’s rally can extend further.

Render Lags Behind in a Competitive Market

In contrast to the strong performance of Pengu and Sui, Render has been lagging behind the broader market, managing only a 2% gain over the last seven days. This compares poorly to most other major cryptocurrencies, which have seen more significant gains, and even relative to the top AI-focused tokens, such as TAO, FET, and VIRTUAL, Render is lagging despite the renewed interest in the AI narrative.

This lackluster performance suggests that while artificial intelligence narratives continue to gain traction, Render has struggled to capture the same level of enthusiasm, raising concerns about its near-term outlook compared to its peers.

Technically, Render’s EMA lines are signaling potential weakness, with the possibility of a death cross forming soon. If the downtrend materializes, Render could first test support at $4.25; losing that level could open the door for deeper drops to $3.82, $3.55, and even $3.14. However, if Render manages to regain positive momentum, a rebound toward $4.63 could still be in play.