PENGU drops 7.72% as falling open interest and liquidations weigh on price
- —PENGU trades at $0.009188, down 7.72% on the day
- —Volume of $213.17 million, 3.49% above the 30-day average
- —24-hour liquidations near $1.94 million as open interest fell
- —RSI at 52.4, bearish MACD, price below short-term moving averages
Why it matters: Deleveraging and liquidations are adding short-term pressure on PENGU; holding support will determine the next move.
Source: DiarioBitcoin