Pudgy Penguins (PENGU) is currently trading at $0.01210313, reflecting a significant 5.49% decline over the past 24 hours. The price has oscillated between a high of $0.01295857 and a low of $0.01180135 during the same period, indicating a daily range of approximately 1.15%.

The trading volume stands at 165,250,792, with a volume-to-market cap ratio of 21.72%, suggesting a relatively active market. However, the hourly moving averages indicate a bearish trend, with the 8 SMA showing a slight increase of 0.64% but the longer-term SMAs (13 SMA at -1.35%, 21 SMA at -3.03%, 55 SMA at -4.79%, and 144 SMA at -9.97%) confirming a downward trajectory.

Technical indicators such as the 1-hour RSI at 34 and the 7-day RSI at 42 further emphasize the bearish sentiment, with both metrics suggesting oversold conditions. The 7-day and 14-day price changes are notably negative at -26.12% and -22.14% respectively, indicating sustained selling pressure over the short to medium term.

The price has significantly retraced from its all-time high of $0.068447 reached on December 17, 2024, which highlights the current bearish market sentiment. Furthermore, the 30-day price change of -43.22% underscores the lack of bullish momentum and investor confidence in the near term.

Given the prevailing bearish indicators, including the moving averages, RSI levels, and significant price retracements, the outlook for PENGU appears weak. Therefore, the recommendation is to Sell, as the current technical and fundamental data do not support a bullish reversal in the immediate future.