Pudgy Penguins (PENGU) Receives Buy Signal Amid Market Volatility

2025-09-24 18:00

Pudgy Penguins (PENGU) has been flagged with a TD Sequential buy signal, indicating potential bullish momentum as smart money accumulation suggests a bottom formation. Despite this, analysts urge caution, noting that a confirmed reversal requires stabilization of exchange reserves. PENGU has recently partnered with Hyundai Card, South Korea's largest credit card company, and experienced $38.9 million in new wallet inflows. However, the token's price has declined by 2% in the past 24 hours, nearing a critical support zone between $0.27 and $0.28. Traders are advised to wait for exchange outflows to decrease below $10 million before considering long positions.

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