Overview
- PENGU trades near $0.022–$0.023 after an intraday rise of about 5%, with Brave New Coin reporting roughly $187 million in daily volume and a market cap near $1.41 billion.
- Igloo Inc. partnered with Invariant to introduce Pudgy Penguins in Washington D.C., expanding engagement with U.S. policymakers and boosting institutional visibility.
- Analysts cite a TD Sequential buy signal, reclaimed short‑term moving averages, and a break of a descending trendline, with a decisive close above ~$0.023 eyed for confirmation.
- Technical views emphasize defense of the 0.618–0.66 Fibonacci ‘golden pocket’ at roughly $0.0209–$0.0225, establishing a key support base around $0.021–$0.023.
- Traders watch $0.0245–$0.029 as initial upside zones, a breakout above ~$0.030 as a pivot toward ~$0.035–$0.038, and about $1.6 million in liquidation clusters at $0.033–$0.035 that could fuel a squeeze.