Market Overview for Pudgy Penguins/Tether (PENGUUSDT) on 2026-01-07

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Jan 7, 2026 10:02 pm ET1min read
PENGU
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Aime RobotAime Summary

- PENGUUSDT rallied to 0.013268 before consolidating near 0.0124–0.0126, with 75.8M volume confirming the surge.

- RSI hit overbought 85 during the rally and oversold 32 at 14:00, while Bollinger Bands expanded during peak volatility.

- A bearish engulfing pattern at 00:00 and key support/resistance levels (0.012524–0.012721) suggest potential short-term reversal risks.

- 20-EMA/50-EMA divergence and declining post-rally volume indicate weakening momentum amid consolidation near 0.0126.

Summary
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PENGUUSDT
rallied from 0.012337 to 0.013268 before consolidating near 0.0124–0.0126.
• RSI showed overbought conditions during the 23:45–01:30 surge and oversold near the 14:00 low.
• Bollinger Bands expanded during the peak rally, indicating heightened volatility.
• Volume surged to 75.8 million on the 23:45 candle, confirming the upward thrust.
• A potential bearish engulfing pattern formed around 00:00, suggesting near-term bear pressure.

Pudgy Penguins/Tether (PENGUUSDT) opened at 0.012585 on 2026-01-06 at 12:00 ET, rose to a high of 0.013268, and closed at 0.012695 on 2026-01-07 at 12:00 ET, with a low of 0.012102. The 24-hour volume was 1.13 billion, and notional turnover reached $14.6 million.

Structure & Formations



The price moved in a distinct two-phase pattern: a sharp 7.5% rally from 0.012337 to 0.013268 over 4.5 hours, followed by a gradual pullback to 0.0124–0.0126. Key support levels formed around 0.012524 and 0.012424, while resistance is visible at 0.012653 and 0.012721. A bearish engulfing pattern emerged near 00:00, hinting at a possible short-term reversal.

Moving Averages


On the 5-minute chart, the 20-EMA and 50-EMA crossed to the upside during the peak rally but have since diverged, with the 50-EMA now acting as a resistance. On the daily chart, the 50-EMA at 0.01262 and 200-EMA at 0.01257 suggest a potential consolidation phase with slight bullish bias.

Momentum Indicators


MACD crossed above the signal line during the 23:45–00:30 rally, confirming the bullish momentum. RSI reached overbought territory around 85 during the peak, then dropped to oversold levels at 32 during the 14:00 low. The divergence between price and RSI suggests potential mean reversion around 0.0124–0.0126.

Volatility & Bollinger Bands


Bollinger Bands expanded during the 23:45–01:30 rally, reflecting heightened volatility, with price reaching the upper band. The contraction that followed indicates a period of consolidation. Price has since remained within the bands, suggesting a lack of extreme directional bias for now.

Volume & Turnover

Volume surged during the 23:45–00:00 rally, peaking at 75.8 million on the 23:45 candle, confirming bullish sentiment. However, volume has since declined, with turnover dropping below $100k during the pullback. A divergence between price and volume during the morning session suggests weakening bear momentum.

In the next 24 hours, PENGUUSDT may test the 0.01252 support and 0.012653 resistance, with RSI suggesting potential bounce from oversold levels. Investors should monitor for any break above 0.012721, as it could signal renewed bullish momentum. A breakdown below 0.012424 could increase downside risk.