PENGU Token Technical Review: Managing Immediate Market Fluctuations and Blockchain Indicators

The token, a associated with the NFT collection, has recently shown a complex mix of technical and on-chain signals. As of November 2025, the asset is at a crucial crossroads, with short-term momentum indicators sending mixed signals and on-chain activity building, pointing to both a possible breakout and the risk of further decline. This review brings together essential data to assess the token’s direction.

Short-Term Momentum: Bearish Trend with Signs of Divergence

Technical analysis reveals conflicting signals. The 14-day RSI for PENGU/USD

, which is well into oversold territory and indicates short-term downward pressure. Moving averages from MA5 to MA200 have produced 12 sell signals and no buy signals, supporting a “Strong Sell” stance . Yet, the MACD and On-Balance Volume (OBV) show divergence. The MACD , suggesting bullish momentum, and OBV , indicating increased buying interest.

This divergence could signal a stabilization period. A TD Sequential buy signal

, pointing to a possible reversal of the 28.5% drop since October 27. However, PENGU is still confined within a narrow trading range between $0.01454 and $0.01666, with the $0.01454 support level . A decisive move above $0.01666 would be necessary to confirm a broader bullish trend .

On-Chain Activity: Accumulation and Structural Patterns

On-chain data adds further detail. PENGU

and breaking out of a falling wedge, both typically bullish patterns. A daily close above the $0.0235–$0.024 resistance , with a potential target of $0.026 (a 20–25% increase) if trading volume supports the move.

Large holders accumulating the token lend weight to this outlook. Whale wallets have

, possibly setting a price floor. Q4 2025 figures also show $9.4 million in exchange outflows and $1.8 million in new inflows, . Whale activity has increased as well, with $7.68 million in short positions at $0.01579 and 2 billion tokens transferred from team wallets to exchanges . These moves indicate strategic positioning ahead of a potential breakout.

Still, some risks remain. The token’s NVT ratio—which combines network value and transaction volume—

, making it harder to directly gauge buying strength. Broader technical signals, including OBV and MACD, despite recent short-term gains.

Summary: PENGU at a Critical Juncture

PENGU is facing a decisive moment. While indicators like RSI and moving averages highlight short-term bearishness, the divergence in MACD and OBV, along with on-chain accumulation, point to a possible turning point. The repeated testing of the $0.020–$0.021 support area on the 4-hour chart

from consolidation to a sustained upward trend.

For those considering investment, the main factors to watch are trading volume during any breakout and the ability to stay above key resistance levels. A successful move above $0.0235

, representing a potential 27% gain. On the other hand, a drop below $0.01454 would likely renew the bearish outlook.

Conclusion: Opportunity with Caution

PENGU’s technical and on-chain landscape reveals a struggle between short-term sellers and accumulating buyers. Although the bearish trend is still present, the combination of structural patterns, whale accumulation, and diverging momentum indicators increases the odds of a near-term breakout over a prolonged decline. Investors should closely monitor trading volume and resistance levels, as these will be key in determining whether PENGU can break out of its consolidation phase and begin a sustained rally.

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