Pudgy Penguins’ native cryptocurrency PENGU dropped 9% to $0.031 amid a broader crypto market downturn. Analysts believe now could be a good time to buy PENGU, which is forming a bullish flag channel on the 4-hour chart. If confirmed, the token could rally as high as $0.10, a 300% gain potential. PENGU price is currently testing the $0.030 support zone, with key support at $0.025. The RSI shows neutral conditions, with price action depending on holding above $0.030 for a breakout to $0.046. The MACD histogram indicates bearish momentum, but a crossover could shift the trend bullish.
Read more at Yahoo Finance: PENGU Price Drops 9% but Analyst Signals Rally, $0.10 Next?
