PENGU drops 8.96% to $0.0086 on above-average volume
- —PENGU fell 8.96% to $0.008586, with market cap around $539.7 million
- —Daily volume of $236.1 million is 14.90% above the 30-day average
- —Price is below the 7–50 day SMAs but above the 90-day ($0.00752) and 200-day ($0.00758)
- —RSI at 46.7 and a bearish MACD point to weak momentum without oversold conditions
Why it matters: The token holds above its long-term averages, but the lack of derivatives and on-chain data leaves the next move unconfirmed.
Source: DiarioBitcoin