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PENGU Price Forecast: 3 Key Levels to Watch as Selling Pressure Increases

PENGU Price Forecast: 3 Key Levels to Watch as Selling Pressure Increases

Photo: TronWeekly

Pudgy Penguins is broadening its community perks with a free trading card giveaway, yet PENGU keeps facing selling pressure on the price chart. This latest NFT effort may boost ecosystem engagement, even though technical indicators have not yet signaled a recovery. As of press time, PENGU price is trading at $0.007171, up 1.37%, according to the TradingView chart provided. Even with this daily rebound, the token remains below its middle Bollinger Band, while a declining On-Balance Volume (OBV) points to weakening buying pressure.

Source: TronWeekly

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