$PENGU is currently trading at $0.028337, showing a sharp decline of -25.74% in the past 24 hours. This significant drop indicates heavy bearish sentiment, possibly driven by a broad market pullback or investor profit-taking. The key support level is around $0.027, which could act as a potential buying zone if the price stabilizes. If a recovery occurs, resistance is seen near $0.035–$0.038.

Trading Recommendations:

Short-term traders: Monitor $0.027 for potential stabilization. A bounce from this level could provide an opportunity to target resistance near $0.035.

Long-term investors: Consider this dip as a potential accumulation point if $PENGU shows signs of a recovery and holds above key support levels.

Stay updated on developments around the Pudgy Penguins community, as social sentiment and news can significantly impact $PENGU’s price movement.