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👽✌🏻 Complete Report of the PENGU/USDT Market
Price, Volume, and Recent Sentiment Analysis
★ Overall Performance: The price of PENGU/USDT stands at 0.038823, with a notable increase of +4.89% 🚀 in the last 24 hours. This shows strong buying interest and a short-term upward trend, with the price moving in a range of 0.036600 to 0.039926.
★ Volume and Trading Activity: The trading volume has been very high, exceeding 12.71B PENGU and 487.63M USDT 💰. Despite the high volume, the Taker volume chart for buying/selling shows a dynamic balance, with buy and sell orders constantly fluctuating, indicating a constant battle between 🐂 and 🐻.
★ Market Sentiment (Basis): A key data point is the Basis, which remains in negative territory 📉. This means that the futures price is consistently lower than the spot price. This situation suggests a more cautious or bearish outlook in the futures market, despite the current price increase.
👽✌🏻In summary, although the price of PENGU has risen significantly, the volume indicators and the Basis suggest that it is a time of high volatility and that futures traders are more cautious. It's a situation to monitor closely! 👀