A quiet shift is happening across the memecoin space. Tokens like PENGU, BONK, and POPCAT have all pulled back to key support zones and are now showing subtle signs of recovery. The charts are firming up, indicators are turning, and traders are beginning to take notice. But while these coins flirt with breakout patterns, one presale token is already making waves—and it might just steal the spotlight.
PENGU Eyes a Break—but Still Has Work to Do
PENGU recently found footing near the $0.0088–$0.0090 zone, supported by both a rising trendline and a horizontal range. Technical indicators are starting to shift. The RSI shows a bullish divergence, and the MACD histogram is flattening with signal lines inching closer to a bullish crossover.
Still, caution remains. The token is trading below both its 20-day EMA and 50-day SMA. The larger downtrend from May hasn’t been broken, and without a close above $0.012–$0.013, momentum will likely remain capped. Bulls will want to see a clean break of that level to confirm a true shift in direction.
BONK Building a Base
BONK is carving out a classic falling wedge, and it’s showing signs of strength. After bouncing from the lower boundary around $0.00001370–$0.00001410, price action is pressing toward a tight zone of confluence near $0.00001650–$0.00001680, right where the wedge’s top trendline meets the 20-day EMA.
The RSI is hinting at hidden strength, with a higher low forming even as price dipped—classic bullish divergence. The MACD is crawling back toward zero, reducing the pressure from sellers.
The targets are clearly defined: first $0.00001860, then $0.00002100, and if things heat up, a move toward $0.00002580 could follow—matching the wedge’s full measured projection.
POPCAT Tightens the Coil
POPCAT is in a similar setup, with a falling wedge guiding the price down to the $0.29–$0.31 support zone. A rebound has started, and the upper wedge boundary now sits just under $0.38—stacked up against the 20-day EMA and ready for a test.
The technical picture is brightening. The RSI shows bullish divergence, and the MACD histogram is slowly pulling back toward the zero line. If bulls get traction, the path could lead through $0.42, on to $0.50, and—if momentum holds—all the way to $0.60–$0.65, tracking the initial swing high of the pattern.
Solaxy: The Real Standout This Week
While traders watch the charts and wait for confirmation from the memecoin crowd, one token has already sprinted ahead. Solaxy ($SOLX), a Solana-based Layer-2 project, is entering its final five days of presale—and it’s already raised over $55 million.
Unlike the technical indecision hanging over many memecoins, Solaxy is moving with purpose. It’s not just another token riding the wave of hype. It’s building real infrastructure, pushing toward scalability on Solana, and giving the meme economy a serious boost.
Solaxy isn’t stuck below moving averages or caught inside falling wedges. It’s already trending—with clear momentum and a growing base of backers ready for launch. For investors looking beyond the charts and into the fundamentals of the next cycle, Solaxy stands out as the clear leader in this week’s lineup.
Bottom Line
PENGU, BONK, and POPCAT are flashing early signals that could turn into full breakouts—but they still need confirmation. In contrast, Solaxy is breaking out in real time, drawing capital and attention with a mission that aligns with Solana’s long-term vision. As the presale clock ticks down, momentum is building—and this might be one to move on before the doors close.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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