High 3 Made In USA Cash For The First Week of Might

Made in USA cash have delivered a blended efficiency within the first week of Might, with PENGU, SUI, and RENDER exhibiting very completely different trajectories. PENGU surged by 107% over the previous week, signaling a powerful restoration after months of correction.

SUI additionally impressed, leaping 70% and positioning itself among the many largest Made in USA cash. In the meantime, RENDER struggled to realize traction, underperforming each the broader market and the main AI cash.

Pudgy Penguins (PENGU)

PENGU was as soon as the main meme coin on Solana, reaching a peak market cap of $2.9 billion on January 6.

Nevertheless, after its explosive rise, the token entered a chronic correction part, with its market cap falling under the $1 billion mark by January 29.

Since then, PENGU has struggled to regain its earlier momentum, reflecting broader cooling curiosity in meme cash throughout that interval.

Regardless of the correction, latest worth motion means that sentiment round PENGU could also be shifting once more.

Over the previous seven days, PENGU has surged by 107%, together with a achieve of greater than 16% in simply the final 24 hours. PENGU may quickly check the $0.011 resistance stage if this sturdy momentum continues.

A break above this level may open the trail towards $0.0126, and if bullish strain stays sturdy, additional targets at $0.0171 and even $0.0223 may come into play — breaking above the $0.020 mark for the primary time since January 27.

SUI

SUI has been one of many standout performers amongst altcoins over the previous week, surging 70% and positioning itself simply behind Cardano, Solana, and XRP in market cap among the many main Made in USA cash.

With such a strong transfer rapidly, SUI is approaching vital technical ranges that would decide whether or not the rally continues or faces a pullback.

Lately, SUI examined the resistance at $3.73 however failed to interrupt via it. If it manages to check this stage once more and efficiently break above it, the following goal can be $4.25, which might additionally mark SUI’s first time buying and selling above $4 since January 31.

Nevertheless, if bullish momentum fades, SUI may retrace to check the $3.25 help zone.

Shedding this help may result in a deeper correction towards $2.92 and even $2.51, making the approaching worth motion particularly essential for assessing whether or not SUI’s rally can prolong additional.

RENDER

RENDER has been lagging behind the broader market, posting solely a 2% achieve during the last seven days, far lower than most different main Made in USA cash.

It has additionally underperformed relative to the highest AI-focused tokens, comparable to TAO, FET, and VIRTUAL, which have proven a lot stronger momentum.

This lackluster efficiency means that whereas synthetic intelligence narratives proceed to realize traction, RENDER has struggled to seize the identical stage of enthusiasm, elevating considerations about its near-term outlook in comparison with its friends.

Technically, RENDER’s EMA strains are signaling potential weak spot, with the opportunity of a loss of life cross forming quickly.

If the downtrend materializes, RENDER may first check help at $4.25; shedding that stage may open the door for deeper drops to $3.82, $3.55, and even $3.14.

Nevertheless, if RENDER manages to regain optimistic momentum, a rebound towards $4.63 may nonetheless be in play.