Pudgy Penguins (PENGU) is currently priced at $0.01091821, showing a 24-hour change of 2.11%. The daily trading range has been tight, with a low of $0.01056288 and a high of $0.01103171, indicating limited volatility and a cautious market sentiment.

The trading volume stands at 87,502,466, representing 12.76% of its market cap, which suggests a moderate level of interest among traders. The hourly moving averages indicate mixed signals, with the 8 SMA and 13 SMA showing positive trends while the longer-term 55 SMA and 144 SMA are in decline, hinting at potential short-term bullishness but long-term bearish pressure.

The 1-hour RSI at 57 reflects a mildly bullish trend, suggesting that short-term momentum is slightly positive. However, the 7-day RSI at 50 indicates a neutral stance over a longer period, and the 30-day price change shows a significant decline of 24.97%, suggesting that the market has been under pressure.

Despite the recent uptick in price and positive short-term momentum, the longer-term trend remains concerning due to the substantial drop over the past month. The all-time high of $0.068447 reached in December 2024 is far above the current price, indicating potential for growth if market conditions improve.

In summary, while short-term indicators are pointing to a possible rebound, the overall trend remains negative, and the significant decline over the last 30 days cannot be ignored. Therefore, the recommendation for Pudgy Penguins (PENGU) is to Hold, as potential upward movement may materialize, but the risk of further declines still looms.