Solana’s memecoin Pudgy Penguins (PENGU) jumped 17% as the week kicked off, rebounding alongside a broader altcoin recovery. Despite the bounce, quarterly returns sit near -7% after a sharp drawdown. On the 3-hour chart, PENGU hovered around $0.026, with Bollinger Bands narrowing as volatility cooled, the MACD flipping bullish, and the Chaikin Money Flow (CMF) near 0.01.