<ul><li>Pudgy Penguins (PENGU) price surged 8% in the last 24 hours, indicating buyer interest at current levels.</li><li>Despite the price increase, PENGU remains in a bearish zone below the 50-day and 200-day EMAs.</li><li>PENGU is currently priced at $0.012, lower than its recent peak of $0.017, with technical indicators pointing towards further downward movement.</li><li>Momentum indicators suggest a bearish trend, with the price trading below key EMAs. Traders should watch for a break below the lower trendline for potential further selling.</li></ul>

Pudgy Penguins Shows Signs of Life with 8% Gain Amid Bearish Pressure

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