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PENGU Drops 9%, But ATH Breakout Still Within Reach


by Olivia Stephanie
for CryptoPotato
PENGU Drops 9%, But ATH Breakout Still Within Reach

TL;DR

  • PENGU rejected at $0.043, but the daily chart structure remains bullish above short-term support.
  • Whale activity increases on Upbit as traders shift from Dogecoin to Pudgy Penguins positions.
  • Momentum shows early signs of fading as MACD flattens, with $0.038 key for trend support.

Price Pulls Back From Resistance

Pudgy Penguins (PENGU) was trading at $0.038, marking a 9% drop in the last 24 hours. Over the past week, it has remained up by about 5%. On the daily chart, the price rejected the $0.043 mark, which now acts as resistance. This level has been tested several times, showing increased sales in that area.

Read the article at CryptoPotato

Read More

Massive Move Incoming? PENGU Charts Flash Green

Massive Move Incoming? PENGU Charts Flash Green

PENGU shows bullish signals as TD Sequential flashes a buy, RSI improves, and support...
PENGU Breaks Out as Volume Soars — $0.052 in Sight?

PENGU Breaks Out as Volume Soars — $0.052 in Sight?

Pudgy Penguins (PENGU) breaks out of triangle pattern, hits $0.043, with volume risin...

PENGU Drops 9%, But ATH Breakout Still Within Reach


by Olivia Stephanie
for CryptoPotato
PENGU Drops 9%, But ATH Breakout Still Within Reach

TL;DR

  • PENGU rejected at $0.043, but the daily chart structure remains bullish above short-term support.
  • Whale activity increases on Upbit as traders shift from Dogecoin to Pudgy Penguins positions.
  • Momentum shows early signs of fading as MACD flattens, with $0.038 key for trend support.

Price Pulls Back From Resistance

Pudgy Penguins (PENGU) was trading at $0.038, marking a 9% drop in the last 24 hours. Over the past week, it has remained up by about 5%. On the daily chart, the price rejected the $0.043 mark, which now acts as resistance. This level has been tested several times, showing increased sales in that area.

Read the article at CryptoPotato

Read More

Massive Move Incoming? PENGU Charts Flash Green

Massive Move Incoming? PENGU Charts Flash Green

PENGU shows bullish signals as TD Sequential flashes a buy, RSI improves, and support...
PENGU Breaks Out as Volume Soars — $0.052 in Sight?

PENGU Breaks Out as Volume Soars — $0.052 in Sight?

Pudgy Penguins (PENGU) breaks out of triangle pattern, hits $0.043, with volume risin...