Pudgy Penguins (PENGU) is facing a critical support level near $0.0156 on the charts, with potential risks if it drops below that mark.
Whale activity and token availability are influencing short-term actions for Pudgy Penguins, which started as a digital collectible and meme coin.
In the past 24 hours, PENGU has dropped about 7.21% and is trading at $0.01515, signaling mixed market sentiments in the crypto space.
Crypto analyst highlights key price levels for PENGU, suggesting a potential bearish trend if it closes below $0.0156 but could move upwards if it surpasses $0.017.