Pudgy Penguins (PENGU) is currently trading at $0.01041979, experiencing a 24-hour decline of 6.01%. The daily price range has been tight, fluctuating between a high of $0.01110041 and a low of $0.01012584, indicating a bearish sentiment in the short term.

The trading volume stands at 73,020,530, with a volume-to-market cap ratio of 11.16%, suggesting moderate trading activity relative to its market capitalization. The hourly moving averages show mixed signals; the 8 SMA and 13 SMA are slightly positive, while the 21 SMA and 55 SMA indicate downtrends, reflecting short-term volatility.

The 1-hour RSI is at 49, suggesting the asset is neither overbought nor oversold, while the 7-day RSI at 45 points to a bearish momentum. Over the past week, PENGU has dropped by approximately 15.87%, and the longer-term price changes indicate a 21.26% decline over 14 days, further confirming a downward trend.

The all-time high for PENGU is $0.068447, which underscores the significant distance the current price has from its peak. This historical context indicates a potential for recovery; however, the recent price action does not provide strong bullish indicators at this time.

Based on the current data, the outlook for Pudgy Penguins is bearish in the short term, with the price declining and technical indicators supporting further downside. Therefore, the rating is a Sell, as the asset does not show sufficient bullish momentum to suggest a favorable entry point at this time.