Cena Grok Imagine PenguinPENGU

$PENGU is up a bit today, but after dropping hard all week, this looks more like a small bounce than a real comeback. Feels like sellers just took a break. Do you think buyers step in here?

Register on Bitget and get up to 100 USDT in bonuses by completing simple tasks. Limited-time offer. The memecoin sector has posted green numbers so far in 2026. However, investor interest in these assets is far from the peaks seen in 2024. This opens the door for distrust to trigger strong bearish pressure in complex macro environments. And that is precisely what is now happening with meme coins, which are facing a significant downturn. According to data from CoinMarketCap, the sector is experiencing a sharp drop in market capitalization. Over the past 24 hours, selling pressure has continued, widening weekly losses. As a result, total market capitalization has fallen below the $40 billion mark. Based on the same source, the meme coin market cap has dropped 15.71% over the past week, ending this Wednesday. These red numbers are reflected in the poor performance of most tokens within the sector’s top 10. For example, well-known memecoins such as DOGE, SHIB, and PEPE have suffered double-digit weekly declines. PEPE alone is down 23%, making it the third-worst performer in the top 10 over the week, behind coins like SPX and PENGU, which posted even worse results. All of this makes the meme sector one of the most eye-catching for risk-tolerant investors, due to the potential for strong gains if a rebound occurs. ⸻ Are Memecoins Preparing for a Rebound, or Will the Decline Continue? Considering the current state of international relations, it does not seem likely that memecoins will experience a short-term rally. However, a possible agreement regarding the Greenland issue could calm markets and trigger a flow of capital back from gold into risk assets. A partial return of liquidity would likely translate into a visible improvement in prices, especially among the most volatile assets. In any case, memecoins are still posting positive returns for 2026 so far, although with a steadily shrinking margin. According to MarketVector, the memecoin index remains in double-digit gains year-to-date. That said, the chart currently shows a YTD gain of +11.51%, whereas just a few days ago it stood at +26%. This clearly highlights the current mood among risk-seeking portfolios. For now, uncertainty remains regarding the short-term outlook for meme coins. At the same time, it should be noted that some tokens are strongly defying the broader downtrend. For instance, PIPPIN has trimmed weekly losses with a +18% gain in the last 24 hours. However, positive performances like this are rare in the sector at the moment. The coming days will be crucial, especially considering that the U.S. monetary policy decision is scheduled for the end of the month. Whatever the Federal Reserve decides regarding interest rates could have significant effects across the cryptocurrency market as a whole.$BTC $ETH $IOST

$PENGU failed to hold above the 0.01170–0.01180 area and continued printing lower highs, showing clear selling pressure on every bounce. The structure remains weak, with price sliding steadily instead of forming a strong base, which keeps momentum tilted to the downside. Buyers are reacting late, while sellers stay in control near intraday highs. As long as PENGU stays below the 0.01155–0.01165 zone, price can continue pressing into the lower support area for a continuation move. This setup is based on weakness and rejection, not a reversal attempt. A strong hold back above the resistance zone would invalidate the idea. Scalp Trade Plan Short Entry Zone: 0.01150 – 0.01165 TP1: 0.01130 TP2: 0.01110 Stop Loss: 0.01185 Leverage: 20x – 50x Margin: 1% – 3% Risk Tip: Book partial profit at TP1 and move stop-loss to entry.

$PENGU People fear crypto because it removes the middlemen they learned to trust

📩 #PENGUUSDT 1h | Mid-Term 📉 Short Entry Zone: 0.011703-0.012663 ⏳ - Signal details: Target 1: 0.011282 Target 2: 0.010860 Target 3: 0.010439 Target 4: 0.009175 _____ 🧲Trend-Line: 0.012663 ❌Stop-Loss: 0.013119 💡After reaching the first target you can put the rest of the position to breakeven