The $PENGU chart on the 1-hour timeframe shows a clear bearish trend.
We're observing a consistent pattern of lower highs and lower lows after a peak, with the price now at $0.012231, down 8.02% in 24 hours.
This sustained downward movement suggests that sellers are currently dominating.
Traders should be cautious and consider risk management, as the immediate outlook appears bearish.
