$PENGU floor dropped 17% from 3 ETH to 2.5 ETH but demand dried up. Classic retail psychology—FOMO at highs, paralyzed at lows. If thesis hasn't changed (IP value, community strength, token integration), this is technical capitulation not fundamental break. Question for holders: what's your actual downside scenario? If it's illiquidity risk or royalty structure concerns, that's different than price action fear. Conviction buyers scale in here. Tourists wait for new ATH confirmation then complain about entry.