Pudgy Penguins (PENGU) is currently trading at $0.01114664, reflecting a 2.536% increase over the last 24 hours. The daily trading range has been relatively tight, with a high of $0.01183783 and a low of $0.01085433, indicating moderate volatility.

The trading volume stands at 138,930,215, translating to a volume-to-market cap ratio of 19.85%, suggesting active trading interest. The short-term moving averages show mixed signals, with the 8 SMA and 13 SMA in negative territory, while the 21 SMA and 55 SMA show slight positive momentum.

The 1-hour Relative Strength Index (RSI) is at 55, indicating a neutral position, while the 7-day RSI sits at 49, suggesting the asset is neither overbought nor oversold in the short term. The price has seen a decline of approximately 2.96% over the past week, contrasting with a modest increase of 2.36% over the last 14 days, which highlights short-term selling pressure.

In the longer term, the 30-day price change shows a significant decline of 17.11%, reflecting bearish sentiment over the past month. The all-time high of $0.068447, achieved in December 2024, remains substantially above the current price, indicating considerable potential upside if bullish trends can be established.

Given the current technical indicators, with mixed moving averages and a neutral RSI, combined with a noticeable decline over the past month, the recommendation for Pudgy Penguins (PENGU) is to Hold. This rating reflects a cautious approach, as the market shows signs of stabilization but lacks the momentum needed for an immediate buy.