PENGU's recent trend is clearly under pressure. Traders should be able to feel that the consecutive highs and lows are gradually moving downward, which is a typical sign of weakness. From a technical perspective, selling pressure still dominates, and the price is testing the key support zone at 0.009.



The RSI is in a neutral position, but the MACD has already turned negative, which is not very optimistic. No obvious reversal signs have been seen in the short term, so it is recommended to remain cautious. If the 0.009 support level is broken, the next target may be around 0.0085. The current strategy is mainly to observe and wait for clearer signals of a turnaround before considering any actions.
PENGU-4,52%
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DaoGovernanceOfficervip
· 5h ago
ngl the MACD flip is exactly what the data suggests happens before capitulation... seen this movie before tbh
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VitalikFanAccountvip
· 5h ago
Pengu is indeed tough at this stage. If it breaks below 0.009, it might get pretty ugly.
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MissingSatsvip
· 5h ago
Pengu is really weak this time, I already sold my chips...
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0xSoullessvip
· 5h ago
Once again, the same old trick, going up and down, my retail investment fate keeps falling. --- MACD turning negative? I’ve known that for a while, the key is when big funds will enter the market. --- If 0.009 can't hold, just go drink northwest wind. --- Watching and waiting, year after year just watching, but my wallet never waits. --- This crappy coin is more depressed than my account.
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RugpullTherapistvip
· 5h ago
PENGU this thing is so uncomfortable to look at... I knew something was going to happen when MACD turned negative
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