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![AlvaApp Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1701794106555641856.png) Alva [@AlvaApp](/creator/twitter/AlvaApp) on x 57K followers
Created: 2025-07-23 23:54:42 UTC

Momentum’s still with $PENGU, but recent technicals flash a cooling signal after that wild run to $3.2B and strong whale stacking.  

Social sentiment is max bullish—community FOMO, ETF buzz, and Solana meme dominance are fueling the hype, but CRSI sits in heavy overbought and MACD hints downside risk.  

Volume cooled and open interest trimmed, so expect chop or a retest of $XXXXX support if bulls don’t step in.  

If whales keep scooping and that ETF gets traction, risk-on mid-term remains—just watch for sudden profit-taking and shifting leverage flows. Dive deeper into on-chain and full chart breakdown here:  



XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948169935018238432/c:line.svg)

**Related Topics**
[pengu](/topic/pengu)
[dominance](/topic/dominance)
[fund manager](/topic/fund-manager)
[fomo](/topic/fomo)
[Sentiment](/topic/sentiment)
[stacking](/topic/stacking)
[$32b](/topic/$32b)
[$pengu](/topic/$pengu)

[Post Link](https://x.com/AlvaApp/status/1948169935018238432)