Crypto Market Update PENGU, RWA, AI, and HYPE Token Analysis

  • PENGU faces bearish pressure, with key support at $0.031 and resistance at $0.035.

  • RWA sees continued decline, with support at $0.080 and resistance at $0.0895.

  • HYPE  remains range-bound, with potential for breakout above $28.25 on high volume.

The crypto market continues to fluctuate, and with it a few certain tokens are in focus. Traders are closely watching Pudgy Penguins (PENGU), RWA Inc. (RWA), AI token (AI), and Hyperliquid (HYPE) as each experiences varying levels of price movement and market activity.

Pudgy Penguins (PENGU) Struggling for Support

Pudgy Penguins token (PENGU) has been in a bearish trend recently. The price has dropped 6.25% in the last 24 hours, currently standing at $0.03286. The token has experienced a gradual decline, with a slight recovery from the $0.031 low. 

Despite this, trading volume has decreased by 26.71%, indicating reduced market interest. Immediate support is at $0.031, and a break below this level could push the price towards $0.029.

Resistance levels are at $0.033 and $0.03505. A breakout above these levels could signal a reversal. However, the token’s outlook remains uncertain, with be…

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