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Pudgy Penguins’ (PENGU) steep decline of over 44% has attracted widespread attention from traders
Pudgy Penguins (PENGU) has experienced a tough year, with its value decreasing over 44% from recent highs. This decline occurred amidst a general downturn in the cryptocurrency market, affecting major players like Bitcoin and Ethereum. Altcoins such as PENGU often suffer more intensely under these conditions. Despite this drop, a significant trendline has held PENGU steady for now. This trendline, established from the lows in April and October, provides technical support. As long as this line remains, it serves as crucial support, stabilising the currency. The trendline acts as a pivotal point for PENGU. If this ... (full story)
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