PENGU drops 8.57% to $0.0086, tests key support levels
- —Down 8.57% to $0.0086 on $207.6 million volume, just 1.01% above the 30-day average
- —Price sits below SMA-7, SMA-15, SMA-30 and SMA-50 but above SMA-90 and SMA-200
- —RSI at 47 is neutral; MACD is bearish and stochastic is in oversold territory
- —Market cap of $542 million, 82.57% below the all-time high of $0.0495
Why it matters: With no confirmed catalyst, the drop tracks broad market weakness and liquidations; holding the SMA-90/200 will define the next trend.
Source: DiarioBitcoin