PENGU Faces Heavy Selling Pressure After Comic Launch: What’s Driving the Decline?

Comic launch failed to boost PENGU as profit-taking and token unlock fueled selling pressure. Weak technical indicators keep PENGU below key resistance and major moving averages. Buyers must reclaim critical resistance to improve short-term momentum and sentiment. Pudgy Penguins — PENGU, reached another milestone with the release of a physical comic book series. Many investors expected the launch to spark fresh buying interest and str…