PENGU Cryptocurrency Faces Potential 18% Pullback Amid Rising Bearish Signals

In recent trading sessions, the Pudgy Penguins token, known as PENGU, experienced a notable rally of 16%, reaching a price of $0.0426 and approaching a critical resistance level of $0.0436. However, rising exchange inflows and bearish sentiment suggest that the cryptocurrency may be on the verge of an 18% pullback, raising concerns among investors and traders alike.

According to data from CoinGlass, PENGU recorded a significant net exchange inflow of $2.03 million within a 24-hour period, indicating a growing trend of selling pressure (CoinGlass, 2025). This influx into exchanges typically serves as a precursor to a sell-off, which could lead to further downward momentum for PENGU. Additionally, the current Long/Short ratio stands at 0.95, with short positions (51.06%) surpassing long positions (48.94%). This inversion in trader sentiment points to an increasing number of investors anticipating a price rejection as PENGU approaches its resistance level (CoinGlass, 2025).

Historically, PENGU has faced challenges at the $0.0436 mark, having previously experienced an 18% rejection from this threshold. The current upward trend has prompted traders to closely monitor this resistance level, with the potential for a short-term pullback if the rally falters again (TradingView, 2025). Such price movements are critical as they could define the token's immediate trajectory.

Market analysts have noted that while the recent price movement appears bullish, the underlying metrics suggest caution. The Chaikin Money Flow indicator, which currently registers at +0.10, indicates ongoing capital inflow and demand; however, the price remains constrained beneath the resistance band (TradingView, 2025). Should the bulls fail to break through the $0.0436 resistance, a significant profit-taking opportunity may arise for traders, potentially pushing the price back to lower support levels around $0.038.

In light of these developments, it is essential to consider the broader implications for PENGU and its investors. The rising exchange inflows, coupled with bearish market sentiment, may signal a turbulent phase ahead for the cryptocurrency. As the market continues to recover, the ability of PENGU to navigate these challenges will be crucial for its long-term viability and investor confidence.

The future for PENGU remains uncertain, with key resistance levels and market sentiment poised to drive significant price movements in the coming days. Stakeholders should remain vigilant and closely monitor trading volumes and sentiment metrics as they assess the risks associated with this cryptocurrency.

In conclusion, while the recent rally in PENGU may suggest bullish momentum, the combination of rising exchange inflows and bearish sentiment underscores the potential for a correction. Investors are advised to exercise caution and consider market indicators before making trading decisions.