Pengu Price Holds Key Support Amid Market Rebound Signals
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.