PENGU Price Surges Despite 95% Sentiment Drop — Is A Reversal Still In Play?

Pudgy Penguins (PENGU) is quietly outperforming much of the meme coin market as February approaches. The token is up about 7.7% over the past 24 hours, beating most big meme coins outside of extreme movers like PIPPIN. Over the past four days, PENGU has also rebounded nearly 18%, even as social attention takes a hit.

That disconnect is what makes this setup unusual. Price is rising. Whale interest is rising. But sentiment and positioning risks are telling a more cautious story. The question now is…