Pudgy Penguins (PENGU) is currently trading at $0.01084488, reflecting a 24-hour decline of 7.46%. The daily price range is tight, with a high of $0.01221176 and a low of $0.01084472, indicating a lack of volatility and investor conviction in the short term.

Volume has reached 116,184,389, which represents a substantial 17.04% of the market cap, suggesting that trading activity is relatively active compared to the market size. The moving averages are showing a bearish trend across various time frames, with the 8 SMA at $0.0110 down 1.85% and the 144 SMA at $0.0111 down 2.18%, indicating consistent downward pressure.

The 1-hour RSI is at 20, signaling extreme oversold conditions, which could indicate a potential reversal in the short term if buying interest picks up. In contrast, the 7-day RSI of 51 suggests neutral momentum, while the 14-day and 30-day price changes of -17.86% and -45.15% respectively highlight significant longer-term bearish sentiment.

The all-time high for PENGU remains at $0.068447, reached in December 2024, showing a substantial distance from the current price, which may deter new investors. Given the combination of bearish moving averages, a low RSI indicating oversold conditions, and substantial negative price momentum over the past month, the outlook is cautious.

Based on the analysis, a **Hold** rating is recommended for Pudgy Penguins (PENGU). While the extreme oversold condition may suggest a potential short-term rebound, the overall bearish trend and historical price action indicate that caution is warranted before entering or increasing positions.