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Pengu Price Holds Key Support Amid Market Rebound Signals

Pengu Price Holds Key Support Amid Market Rebound Signals

Published:
2025-10-16 16:40:02
14
3
BTCCSquare news:

Pengu (PENGU) price demonstrates resilience, defending the $0.023 support level aligned with the 200-day moving average. Open interest rebounds, hinting at renewed accumulation after a recent capitulation phase.

The Pudgy Penguins NFT collection continues to attract attention despite broader market cooling, often a precursor to reversal trends. Technical analysis suggests sustained strength above $0.023 could propel prices toward resistance zones at $0.032 and $0.043.

|Square

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