As of December 19, 2024, the live price of Pudgy Penguins (PENGU) is approximately $0.0327.

PENGU has experienced significant price fluctuations recently. In the past 24 hours, the price surged from a low of $0.003375 to a high of $0.070000, before retreating to the current $0.0327.

The trading volume in the last 24 hours is approximately $972,400, indicating high market activity.

• Moving Average (MA): The short-term MA (7 days) is about $0.073332, which may act as a short-term resistance level.

• Support and Resistance Levels: The current support level is around $0.048900, with strong support at $0.024473; short-term resistance is at $0.070000, with the next target at $0.085000.

Recently, PENGU's price has surged significantly, and market sentiment is leaning towards optimism. However, the sharp price fluctuations may also trigger cautious sentiment among investors.

• Market Demand: The recent increase in trading volume may reflect heightened interest in PENGU.

• Technical Progress: The technological development and community activities of the PENGU project may influence its market performance.

Given the high volatility of PENGU's price, it is advisable to exercise caution in leveraged trading:

• Leverage: Choose a lower leverage ratio (e.g., below 10x) to control risk.

• Stop-Loss and Take-Profit: Set reasonable stop-loss and take-profit levels to avoid losses due to market volatility.

• Position Management: Control the position size to avoid risks associated with over-investment.