Robinhood Lists PENGU as Whales Buy the Dip Amid 12% Price Slide

TL;DR

• Whale wallets are growing PENGU holdings regardless of the value dropping over 12% in a single week.
• PENGU now trades on Robinhood Superior, giving merchants new instruments throughout a market-wide downturn.
• Analysts watch the important thing help zone close to $0.030 as the value stalls and indicators stay weak.

PENGU Now Accessible on Robinhood Superior

Pudgy Penguins (PENGU) is now listed on the Robinhood Superior buying and selling platform, because the undertaking’s official account introduced. The itemizing provides customers of Robinhood entry to PENGU utilizing superior instruments for buying and selling.

$PENGU is now stay and tradable on the @RobinHoodApp superior buying and selling platform, Robinhood Legend pic.twitter.com/Z6yr2t2kgT

— Pudgy Penguins (@pudgypenguins) August 5, 2025

On the time of writing, PENGU was priced at $0.033. During the last 24 hours, buying and selling quantity reached $409 million. The token has seen a value drop of 5% prior to now day and 12% during the last week. 

These declines comply with a broader downtrend within the crypto market, the place a number of digital belongings have posted related losses.

Giant Wallets Accumulate Throughout Worth Drop

Whereas the token’s value has fallen, some wallets are growing their holdings. Lennaert Snyder posted: 

“PENGU whales are rising exponentially.” He additionally mentioned, “As value is growing, extra whales are accumulating PENGU.” 

These feedback seem out of sync with the current value motion, as information reveals an obvious decline.

Analyst Sjuul from AltCryptoGems shared,

“PENGU is tapping into this demand and making an attempt to bounce from there.” They added, “So long as we maintain right here, we must be good to go.” 

These statements counsel that the market is watching the present value stage intently, however course stays unsure.

Worth Holds Close to Key Assist Zone

PENGU is buying and selling close to a help zone between $0.028 and $0.032. This space beforehand acted as resistance and now serves as a stage the place patrons are lively. The asset has pulled again from a current peak close to $0.047. If this zone holds, a transfer increased is feasible. A drop beneath might result in additional losses.

In the meantime, technical alerts are nonetheless weak. The Bull Bear Energy (BBP) is at -0.001655, exhibiting sellers are lively. The Relative Energy Index (RSI) is at 42.78, which displays low shopping for energy. The RSI can be beneath its common line, pointing to continued downward motion.

Merchants Watch Falling Wedge Sample

Satoshi Flipper noted that the PENGU 4-hour chart reveals a falling wedge sample. He mentioned, 

“PENGU falling wedge continues to fill out properly as value retests robust help once more.” 

This sample is commonly tracked for breakouts, however no transfer has been confirmed but.

Crypto analyst Ali Martinez additionally pointed out that this space is necessary for patrons. The market will probably react to any clear transfer above or beneath this zone.