PENGU Falls 5.1% to Test Support on Volume Half the Monthly Average
- —Price at $0.0073542, 5.1% below the $0.0077504 open
- —Volume of $78.5 million, 50.6% below the 30-day average
- —RSI at 38.9 and bearish MACD; price sits below all SMAs from 7 to 200 days
- —Token is down 27.69% over 30 days but up 24.46% over 90 days
Why it matters: The drop on thin volume and no catalyst points to weak demand; a break below the $0.00732 session low would raise the risk of further downside.
Source: DiarioBitcoin