Pudgy Penguins stays bearish below all three daily EMAs

As of November 12, 2026, PENGU remains under bearish control, with the Pudgy Penguins price trading at $0.005997 on Binance . Price sits below its three daily exponential moving averages, while the hourly chart confirms weakness. The question is whether stretched short-term conditions produce a rebound, not a broader reversal. Key takeaways PENGU trades at $0.005997 on Binance, below all three daily exponential moving averages. The daily MACD histogram is narrowing, but hourly bearish momentum is strengthening. An hourly close above hourly R1 at $0.006130 would activate the rebound scenario. An hourly close below hourly S1 at $0.005999 would confirm a breakdown toward $0.005889. Fear & Greed Index reads 28 (Fear) , with total crypto market cap down 4.57% over 24 hours. There is a genuine conflict in momentum.

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