Is PENGU ready for a bullish breakthrough after the recent price decline?
Source: CoinWorld
Time: 2025-09-13 02:11:16
PENGU's open contract surged 23.39% to $461.98 million, indicating strong speculative positions, while spot trader CVD's position turned neutral, alleviating bearish pressure. The token traded at $0.03687, up 8.77% in 24 hours. Clearing data showed short positions at $583,86 million while long positions at $120,53 million, indicating that bullish momentum is growing. The increase in derivative trading activity and the balance of order flow indicate the potential of a new round of breakthrough cycles.