Pengu’s hourly structure is bullish, but the daily chart stays neutral

Image: The Cryptonomist
As of October 28, 2026, PENGU trades at $0.007812 on Binance , with the Pengu price displaying a bullish intraday structure but no confirmed daily breakout. The setup remains neutral on the daily chart : price sits below all three daily EMAs — a recovery attempt, not yet a trend reversal. Key takeaways PENGU trades at $0.007812, beneath daily EMA20 ($0.007913), EMA200 ($0.007920), and EMA50 ($0.008099) — the daily structure remains neutral. A bullish scenario triggers on an hourly close above the upper Bollinger Band at $0.007851 ; a bearish move requires an hourly close below S1 at $0.007786 . Daily RSI has risen to 45.0 , an improvement that has not yet established bullish control; hourly RSI at 64.7 carries a falling trend.
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