Markets· ★★· bearish·

PENGU drops 10% to $0.0098 after 38% weekly rally

  • PENGU fell nearly 10% in 24 hours to $0.0098, up 38.2% on the week
  • Open interest dropped 11.66% to about $154 million
  • Derivatives volume declined 12.68% to roughly $536.67 million
  • RSI at 67.15 stays below the overbought threshold
Why it matters: Cooling derivatives after the rally point to profit-taking; holding $0.0095 will shape the next move.
Source: crypto.news