PENGU Signals a Short-term Recovery

PENGU rebounds after defending the $0.00560-$0.00600 demand zone and reclaiming key technical levels. Bulls must clear $0.00661 and $0.00709 to strengthen the short-term recovery outlook. Declining open interest and neutral spot flows suggest cautious optimism rather than confirmed accumulation. Pudgy Penguins — PENGU, has started showing signs of life after weeks of persistent selling pressure. Buyers now appear ready to defend impor…