Pudgy Penguins (PENGU) is currently priced at $0.01141386, showing a 24-hour change of 1.68%. The daily price range has been tight, with a high of $0.01156426 and a low of $0.01076026, indicating moderate volatility within the period.

The volume of 121,591,931 suggests a strong trading activity, with a volume-to-market cap ratio of 16.96%, which indicates a healthy level of liquidity. The hourly moving averages are displaying positive momentum, particularly the 8 SMA at $0.0109 (+4.58%) and the 13 SMA at $0.0110 (+3.65%), signaling short-term bullish sentiment.

The 1-hour Relative Strength Index (RSI) is at 60, reflecting a potentially overbought condition, while the 7-day RSI stands at 49, suggesting neutral momentum in the medium term. However, the 14-day price change shows a significant decline of 19.57%, and the 30-day price change is even more pronounced at -47.96%, indicating a bearish trend over longer periods.

Despite the recent uptick, the substantial drop over the last month indicates that the market sentiment may still be cautious. The all-time high of $0.068447, reached in December 2024, illustrates the significant downside potential from the current price level.

Considering the mixed technical indicators and the overall trend, the recommendation for Pudgy Penguins (PENGU) is to Hold. The positive short-term movement is countered by the overall downtrend and cautionary signals in the longer time frames, suggesting that investors should refrain from new positions until a clearer bullish reversal is established.