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TL;DR<\/b><\/p>\n Pudgy Penguins (PENGU) is now listed on the Robinhood Advanced trading platform, as the project\u2019s official account announced. The listing gives users of Robinhood access to PENGU using advanced tools for trading.<\/span><\/p>\n $PENGU<\/a> is now live and tradable on the @RobinHoodApp<\/a> advanced trading platform, Robinhood Legend pic.twitter.com\/Z6yr2t2kgT<\/a><\/p>\n \u2014 Pudgy Penguins (@pudgypenguins) August 5, 2025<\/a><\/p>\n<\/blockquote>\n At the time of writing, <\/span>PENGU<\/span><\/a> was priced at $0.033. Over the last 24 hours, trading volume reached $409 million. The token has seen a price drop of 5% in the past day and 12% over the last week.\u00a0<\/span><\/p>\n These declines follow a broader downtrend in the crypto market, where several digital assets have posted similar losses.<\/span><\/p>\n While the token\u2019s price has fallen, some wallets are increasing their holdings. Lennaert Snyder posted<\/a>:\u00a0<\/span><\/p>\n \u201cPENGU whales are growing exponentially.\u201d He also said, \u201cAs price is increasing, more whales are accumulating PENGU.\u201d\u00a0<\/span><\/p>\n<\/blockquote>\n These comments appear out of sync with the recent price action, as data shows an apparent decline.<\/span><\/p>\n Analyst Sjuul from AltCryptoGems <\/span>shared<\/span><\/a>,<\/span><\/p>\n \u201cPENGU is tapping into this demand and trying to bounce from there.\u201d They added, \u201cAs long as we hold here, we should be good to go.\u201d\u00a0<\/span><\/p>\n<\/blockquote>\n These statements suggest that the market is watching the current price level closely, but direction remains uncertain.<\/span><\/p>\n PENGU is trading near a support zone between $0.028 and $0.032. This area previously acted as resistance and now serves as a level where buyers are active. The asset has pulled back from a recent peak near $0.047. If this zone holds, a move higher is possible. A drop below may lead to further losses.<\/span><\/p>\n Meanwhile, technical signals are still weak. The Bull Bear Power (BBP) is at -0.001655, showing sellers are active. The Relative Strength Index (RSI) is at 42.78, which reflects low buying strength. The RSI is also below its average line, pointing to continued downward movement.<\/span><\/p>\n Satoshi Flipper <\/span>noted<\/span><\/a> that the PENGU 4-hour chart shows a falling wedge pattern. He said,\u00a0<\/span><\/p>\n \u201cPENGU falling wedge continues to fill out nicely as price retests strong support again.\u201d\u00a0<\/span><\/p>\n<\/blockquote>\n This pattern is often tracked for breakouts, but no move has been confirmed yet.<\/span><\/p>\n Crypto analyst Ali Martinez also <\/span>pointed out<\/span><\/a> that this area is important for buyers. The market will likely react to any clear move above or below this zone.<\/span><\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\n\n
PENGU Now Available on Robinhood Advanced<\/b><\/h2>\n
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Large Wallets Accumulate During Price Drop<\/b><\/h2>\n
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Price Holds Near Key Support Zone<\/b><\/h2>\n
Traders Watch Falling Wedge Pattern<\/b><\/h2>\n
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![<\/a>Source: TradingView<\/figcaption><\/figure>\nTraders Watch Falling Wedge Pattern<\/b><\/h2>\nSatoshi Flipper <\/span>noted<\/span><\/a> that the PENGU 4-hour chart shows a falling wedge pattern. He said,\u00a0<\/span><\/p>\n\n\u201cPENGU falling wedge continues to fill out nicely as price retests strong support again.\u201d\u00a0<\/span><\/p>\n<\/blockquote>\nThis pattern is often tracked for breakouts, but no move has been confirmed yet.<\/span><\/p>\nCrypto analyst Ali Martinez also <\/span>pointed out<\/span><\/a> that this area is important for buyers. The market will likely react to any clear move above or below this zone.<\/span><\/p>\n\nSPECIAL OFFER (Sponsored)<\/span><\/center>\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<\/p><\/div>\n](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/PENGUUSDT_2025-08-06_16-48-24.png\"){kind=link}