Pudgy Penguins
PENGU
$0.00618
trades at $0.00614 after a decline of 7.21% for the session, remaining below MA-20 ($0.00700), MA-50 ($0.00692), and MA-200 ($0.01384). This places the asset under sustained pressure across all time frames of the trend, with Ichimoku Kijun resistance at $0.00717 sitting just above the current price.
Pudgy World attracted 160,000 users and increased the activity of the Pudgy Penguins ecosystem after the launch of the Berg game and the commercialization of OverpassIP for NFT holders.
The market capitalization of PENGU stabilized in the range of $412.9 to $444 million, despite overall downward price pressure in the NFT sector.
PENGU trades below key technical levels while maintaining bearish momentum, indicating a high probability of further declines and an expected range over the next five days of $0.00607–$0.00645.$PENGU
#pengu $PENGU