$PENGU fell for two consecutive sessions, wiping out its recent rebound 🐧
From 03/10 to 05/10, $PENGU edged up for three sessions, but on 06/10 and 07/10 it plunged twice in a row — 5.76% and then 6.16%. Volume in the latest session was $18.7 million. The rebound has effectively been erased.
The price is now approaching the 0.008009 area — where buyers previously appeared twice on the 4-hour chart. If this level gives way, the next support is 0.007613, which has been tested three times.
BTC is down 2.8% today, ETH is down 4.9%, while $PENGU is down 7% over 24 hours — clearly weaker than both. The price remains below both the EMA20 and EMA50 on the daily and 4-hour charts.
Personal observation, not investment advice
#PENGU #Pudgy #Meme #Altcoin
From 03/10 to 05/10, $PENGU edged up for three sessions, but on 06/10 and 07/10 it plunged twice in a row — 5.76% and then 6.16%. Volume in the latest session was $18.7 million. The rebound has effectively been erased.
The price is now approaching the 0.008009 area — where buyers previously appeared twice on the 4-hour chart. If this level gives way, the next support is 0.007613, which has been tested three times.
BTC is down 2.8% today, ETH is down 4.9%, while $PENGU is down 7% over 24 hours — clearly weaker than both. The price remains below both the EMA20 and EMA50 on the daily and 4-hour charts.
Personal observation, not investment advice
#PENGU #Pudgy #Meme #Altcoin
