Pudgy Penguins (PENGU) is currently priced at $0.0110993, reflecting a 5.87% increase over the past 24 hours. The daily trading range of $0.00109237 suggests relatively stable price action, with a 24-hour high of $0.01151735 and a low of $0.01042498 indicating some volatility but not extreme fluctuations.

Trading volume stands at 179,388,827, constituting 25.76% of the market cap, which indicates a healthy level of trading activity for PENGU. However, both the 1-hour and 7-day RSI at 48 suggest that the asset is neither overbought nor oversold, indicating a potential consolidation phase as momentum appears to be lacking.

The moving averages present a mixed outlook, with the 8 SMA and 13 SMA showing slight declines of 1.44% and 1.13%, respectively, while the longer-term 55 SMA has increased by 4.24%. The 21 SMA is flat at $0.0111, and the 144 SMA shows a moderate gain of 1.58%, which could imply emerging support levels in the short to medium term.

On a longer-term basis, the price change over the past 7 days is down by 10.15%, 14 days by 27.75%, and a significant 49.89% over the last 30 days, which highlights a bearish trend. Despite this, the asset remains well below its all-time high of $0.068447, indicating potential for future price recovery if market conditions improve.

In conclusion, while PENGU has shown some positive movement in the short term, the overall trend remains bearish with significant losses over the past month. Therefore, the rating is a Hold, as the current price does not present an attractive entry point, and waiting for clearer signals of a trend reversal or further confirmation of support levels may be prudent.