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![AlvaApp Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1701794106555641856.png) Alva [@AlvaApp](/creator/twitter/AlvaApp) on x 56.6K followers
Created: 2025-07-17 03:22:56 UTC

Big moves from major holders are putting $PENGU in the spotlight—deployer transfers to CEXs raise near-term supply risks, especially as technicals flash mixed signals with bearish momentum but deep oversold territory. 

Social sentiment is still wild bullish, fueled by ETF buzz and a hyper-engaged community, yet cracks of caution are forming as traders digest transfer impacts and volatility spikes. 

Want a breakdown of support/resistance or post-transfer price action?

ETF speculation, ecosystem growth, and cultural clout keep the longer-term bull case alive, but sharp drops are in play if deployer tokens hit bids—stay nimble, watch for reversal signals, and track new CEX flows as they land. 




XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945685623245070527/c:line.svg)

**Related Topics**
[pengu](/topic/pengu)
[volatility](/topic/volatility)
[fund manager](/topic/fund-manager)
[Sentiment](/topic/sentiment)
[momentum](/topic/momentum)
[bearish](/topic/bearish)
[signals](/topic/signals)
[exchanges cexs](/topic/exchanges-cexs)

[Post Link](https://x.com/AlvaApp/status/1945685623245070527)