Pudgy Penguins Teams Up with Edgen: What $PENGU Holders Should Anticipate in Phase 2
Expansion of Benefits: Pudgy Penguins has launched Phase 2 of its collaboration with Edgen+, now offering exclusive rewards to over 250,000 $PENGU token holders, broadening access beyond just NFT holders.
Introduction of the Expert Plan: The partnership introduces the Expert Plan, which provides premium services and resources aimed at enhancing the Pudgy Penguins ecosystem and fostering engagement among token holders.
Market Growth: The Pudgy Penguins token has experienced a significant market boost, with a 9.78% price increase in 24 hours, indicating positive reception and expanding opportunities for both current and new holders.
Strategic Vision: This collaboration reflects Pudgy Penguins' commitment to building a robust ecosystem, enhancing engagement, and rewarding community members, positioning the project for future growth.
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Technical Analysis for PENGU
Technical Sentiment Analysis for Pudgy Penguins (PENGU) As of , Pudgy Penguins (PENGU) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PENGU stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, PENGU is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Pudgy Penguins (PENGU) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00162 | 0.00345 | 0.00523 | 0.00706 | 0.00884 | 0.0107 | 0.0124 |
| Fibonacci | 0.00345 | 0.00483 | 0.00568 | 0.00706 | 0.00844 | 0.00929 | 0.0107 |
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