PENGU rejects descending resistance and pulls back to 0.5-0.786 Fib zone near $0.01, with 0.0105-0.0160 targets if bulls hold support.

Whale '8uAXw' pulls 199M PENGU tokens valued at $2.04M from Binance, sparking PENGU price prediction debates amid bearish trends and Bitcoin market volatility.

PENGU drops 7% after 100M tokens ($1.08M) move from Pudgy Penguins deployment to OKX and other CEX, amid 137M total transfer.

Bitcoin surges to $78K, triggering $418M in crypto liquidations while PENGU token notches double-digit gains amid market volatility.

According to CryptoCoinCoach, PENGU is exhibiting a strong bearish trend, confined within a descending channel. The price structure, characterized by lower highs and lower lows, suggests bearish control. Following a sharp drop, the cryptocurrency is consolidating near the mid-channel with weak bullish attempts. This pattern indicates a potential continuation of the downtrend, with risks of a breakdown triggering further decline toward the channel lows. As long as PENGU remains below resistance and within the bearish structure, it presents a sell-side market opportunity.

According to Lookonchain, trader 0x10Ea has opened a 3x long position on 183 million $PENGU, valued at $1.38 million, within the past 10 hours. This move signals significant confidence in $PENGU's short-term market potential and could influence trading dynamics for this cryptocurrency.

According to Bobby Ong, PENGU is moving up again, and he has been riding it since the airdrop while hoping for more CoinGecko price notifications as the token aims for a return to its ATH this year (Source: Bobby Ong on X, Jan 5, 2026). He stated that on CoinGecko, traders can add NFTs, altcoins, and other assets to a watchlist to receive alerts, noting that when PENGU pumps or hits a user-set target price, notifications arrive instantly (Source: Bobby Ong on X, Jan 5, 2026). He added that CoinGecko is the app he checks most during the day and a part of his daily routine, highlighting close monitoring of PENGU price action and intraday volatility (Source: Bobby Ong on X, Jan 5, 2026).

According to @OnchainLens, a whale withdrew 272,201,182 PENDU worth $2.52M from Binance, removing that amount from on-exchange supply (source: @OnchainLens on X, Dec 21, 2025). The same address accumulated 273.08M PENGU valued at $2.55M and 405.84 TRUMP worth $2,240 over the last two weeks (source: @OnchainLens on X, Dec 21, 2025). The tracked address is 4UpsBxdSEqFafi5V8vNwEnWvzZmrxj8w8C36oQjtX2qK, enabling real-time monitoring of subsequent inflows/outflows (source: @OnchainLens on X, Dec 21, 2025). For traders, the PENDU withdrawal implies a tighter Binance order book for that token relative to prior levels, so watch liquidity, slippage, and any follow-on deposits from this address as positioning signals based on the reported flows (source: @OnchainLens on X, Dec 21, 2025).

According to @bobbyong, he received a PENGU airdrop and is still holding after the token reached two all-time highs, signaling ongoing conviction from a visible market participant. Source: https://twitter.com/bobbyong/status/1992427131713024243 According to @bobbyong, he stated he is willing to accept a zero outcome but doubts it, underscoring a high-risk tolerance that traders may track as a sentiment indicator in the memecoin segment. Source: https://twitter.com/bobbyong/status/1992427131713024243