PENGU · Market structure

Pudgy Penguins (PENGU) market structure today

PENGU market structure on the 1h, 4h and daily charts of the Binance PENGUUSDT perpetual, recalculated every hour from closed candles. The page also lists Finora’s latest published AI chart reads of PENGU.

Last updated: 2 November 2026, 19:20 UTC

Market structure now

Calculated 2 November 2026, 19:20 UTC from closed candles of the Binance PENGUUSDT perpetual, last price 0.006985.

PENGU market structure by timeframe, calculated 2 November 2026, 19:20 UTC
Chart	Trend	Last swing high	Last swing low	Trend flips on	RSI 14
1h	Bearishsince 31 Oct, 12:00 UTC	0.007235LH · 2 Nov, 13:00 UTC	0.007144LL · 1 Nov, 19:00 UTC	Close above 0.007235turns it bullish · 3.58 percent away	25.8
4h	Bearishsince 30 Oct, 00:00 UTC	0.007562LH · 30 Oct, 20:00 UTC	0.006590LL · 30 Oct, 00:00 UTC	Close above 0.007562turns it bullish · 8.26 percent away	40.2
Daily	Bearishsince the 8 Sep close	0.008396LH · 21 Oct	0.007053HL · 18 Oct	Close above 0.008396turns it bullish · 20.20 percent away	41.8

Summary built from the table The 1h, 4h and daily trends are all bearish. The 1h trend turned bearish with a close below 0.007267 at 12:00 UTC on 31 Oct, the 4h trend with a close below 0.007369 at 00:00 UTC on 30 Oct, and the daily trend with a close below 0.008096 on 8 Sep. The daily higher low does not change that trend: a swing label only compares a high with the previous high, or a low with the previous low, and a trend changes only when a candle closes beyond the last swing. The nearest flip level is 0.007235 on the 1h chart, 3.58 percent from the last price; a 1h close above it would turn the 1h trend bullish.

Last 24 hours (rolling, at calculation time): down 2.61 percent, range 0.006949 to 0.007362.
Funding: the current rate on this perpetual is 0.0050 percent (longs pay shorts), the live estimate for the next payment at 2 Nov, 20:00 UTC; the contract pays every 4 hours. Funding rates across the market
Each timeframe uses its last 250 closed candles; RSI 14 is calculated on closed candles only.

The last 60 closed four-hour candles of PENGUUSDT with every confirmed swing label and the 4-hour flip level (dashed). A swing is confirmed five candles after it forms.

Recent swing points

1h: lower high 0.007397 (1 Nov, 13:00 UTC), lower low 0.007144 (1 Nov, 19:00 UTC), lower high 0.007362 (2 Nov, 03:00 UTC), lower high 0.007235 (2 Nov, 13:00 UTC)
4h: higher low 0.007369 (27 Oct, 08:00 UTC), higher high 0.008237 (29 Oct, 16:00 UTC), lower low 0.006590 (30 Oct, 00:00 UTC), lower high 0.007562 (30 Oct, 20:00 UTC)
Daily: lower low 0.006662 (15 Sep), higher high 0.011172 (23 Sep), higher low 0.007053 (18 Oct), lower high 0.008396 (21 Oct)

How it is calculated: a swing high or low needs five candles on each side and is confirmed five candles later, and the trend changes only when a candle closes beyond the last swing, never on a wick. This is the same logic as the trend table on Finora’s chart images. More on reading market structure and invalidation levels, or compare the top 100 perpetuals in the market structure screener.

Latest published read

4h Bearish bias 2 November 2026, 03:06 UTC

Bearish structure intact

Bias remains bearish on the 4h timeframe, aligning with daily and weekly trends as well as BTC.

Chart: Binance PENGUUSDT.P · From a Finora AI read posted to Finora’s Telegram showcase · Excerpt, AI-generated and educational

Trend context

This page has collected 1 published read of PENGU since 2 November 2026, with a bearish bias.
Most reads collected here use the Binance PENGUUSDT.P chart.

About this page

PENGU trades on Binance Futures as the USDT-margined PENGUUSDT perpetual, listed on 17 December 2024. By 24-hour trading volume it was the 58th busiest of the 512 Binance coin perpetuals tracked on this site when the table was last calculated.

This page counts 7 of Finora’s posts about PENGU from the last 30 days: 1 AI chart read in its Telegram showcase and 6 short market notes on X. The most recent ones are listed below.

There is no project profile here on purpose. This page sticks to what can be measured from the chart, and the table is rebuilt every hour from closed candles, with the time of the last run printed above it.

How to use this page

Start with the timeframe you actually trade, then look one step up. The “percent away” figure in the Trend flips on column is how far price was from each level when the table was calculated.

Each published read follows the same checklist: the trend on that timeframe, how it lines up with the daily and weekly charts, where the liquidity sits, the key levels, and the close that would invalidate the idea. How Finora reads a chart explains each step. Treat every number here as a note from the time printed next to it, then check the live chart before you act.

Educational content, not financial advice. The structure data is calculated automatically, the reads are AI-generated, and both can be wrong or out of date by the time you see them. Trading involves risk; you make your own decisions.