Market Overview for Pudgy Penguins/Tether (PENGUUSDT)

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Tuesday, Dec 9, 2025 1:16 am ET1min read
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- PENGUUSDT traded in a 0.01138–0.01156 range on the 5-minute chart with failed resistance breaks and bearish engulfing patterns.

- Volume spiked during rebounds but failed to confirm bullish breaks, while RSI remained neutral (45–55) and MACD showed bearish divergence.

- Bollinger Bands narrowed post-22:45 ET, signaling potential breakouts, with price consolidating near the middle band despite a death cross in SMAs.

- Fibonacci retracement tests at 0.01146/0.01159 failed, reinforcing bearish bias as volume spikes suggested bearish control over the range.

Summary
• PENGUUSDT traded in a tight range with key support at 0.01138 and resistance at 0.01156 on the 5-minute chart.
• Volume spiked during a 0.01138–0.01156 rebound, but price failed to close above key resistance.
• RSI remained in mid-range territory, suggesting balanced momentum with no clear overbought or oversold signals.
• Bollinger Bands narrowed after 12/08 22:45 ET, indicating potential for a breakout or false move in the near term.

24-Hour Market Summary


Pudgy Penguins/Tether (PENGUUSDT) opened at 0.011689 on 2025-12-08 12:00 ET, reached a high of 0.011737, a low of 0.01131, and closed at 0.011451 as of 2025-12-09 12:00 ET. Total volume was 541,595,194.0 and turnover amounted to $6,155,402.94 over the 24-hour period.

Structure & Formations


The 5-minute chart displayed multiple failed attempts to break above the 0.01156 resistance, with a bearish engulfing pattern at 2025-12-08 19:00 ET suggesting short-term selling pressure. A potential support zone formed between 0.01138 and 0.01140 as price found multiple bounces in the last 48 hours.

Moving Averages


On the 5-minute chart, the price traded below the 20-period and 50-period SMAs, indicating short-term bearish bias. The 50-period SMA crossed below the 20-period SMA, forming a death cross on the short time frame.

MACD & RSI


MACD showed a weak bearish divergence in the last 3 hours, with the line dipping below the signal line. RSI remained between 45 and 55, showing no strong momentum in either direction.

Bollinger Bands


Bollinger Band contraction occurred between 2025-12-08 22:45 ET and 00:45 ET, hinting at a possible breakout. Price closed near the middle band, suggesting continued consolidation.

Volume & Turnover


Volume increased significantly between 19:00 and 22:00 ET, coinciding with the 0.01138–0.01156 price range.
Notional turnover spiked during the 19:00–20:00 ET session but failed to confirm a bullish break, indicating potential bearish control.

Fibonacci Retracements


Key 38.2% and 61.8% retracement levels were identified at 0.01146 and 0.01159 for the 5-minute swing from 0.01131 to 0.01156. Price tested the 38.2% level but did not hold, suggesting potential bearish continuation.

PENGUUSDT appears to be consolidating within a defined range on the 5-minute chart, with bearish signals emerging after a failed rally. Traders may watch for a breakdown below 0.01138 or a confirmed test of 0.01156 for directional clarity. Volatility remains moderate, but divergence in the MACD and volume suggest the current range may not hold for long. As always, investors should be cautious of sudden market shifts due to broader crypto market sentiment.