Pudgy Penguins (PENGU) is currently trading at $0.00622053, reflecting a minor decline of 0.73744% over the past 24 hours. The daily trading range has been relatively tight, with a high of $0.00651481 and a low of $0.00612454, indicating limited volatility in the short term.

The trading volume stands at approximately 96.2 million, representing 24.59% of the market cap, suggesting a moderate level of trading activity. The short-term moving averages (8 and 13 SMA) show slight upward momentum, while the longer-term averages (21 and 144 SMA) are indicating bearish trends with negative shifts.

The 1-hour RSI is at 56, suggesting that PENGU is nearing overbought conditions, while the 7-day RSI at 49 indicates a neutral momentum. The 7-day price change is down by 1.77%, and the more extended 14-day and 30-day price changes are significantly negative at -29.50% and -52.51%, respectively, highlighting an ongoing bearish trend.

Pudgy Penguins remains far from its all-time high of $0.068447 reached in December 2024, indicating substantial room for recovery but also reflecting the current downtrend in the market. The prolonged negative price changes over various time frames suggest persistent selling pressure, potentially driven by broader market trends or sentiment.

Considering the current price, technical indicators, and recent performance, the recommendation for PENGU is to Hold. While the recent volume and short-term moving averages suggest potential for a rebound, the longer-term downtrends and negative price changes imply caution before entering new positions.