$PENGU Short Liquidation Alert: $1.0032K at $0.0329
The bears just got squeezed! A $1.0032K short liquidation at $0.0329 has fueled bullish momentum for PENGU, pushing the price higher and setting the stage for further action. The question now is whether this momentum can break through resistance or if it will fizzle out.
1️⃣ Upside Potential: If PENGU holds above $0.033, it could rally toward $0.035, with further targets around $0.037 as bullish sentiment strengthens.
2️⃣ Downside Risk: A failure to sustain momentum might lead to a pullback toward $0.0315 or even $0.0300 if sellers regain control.
The market is heating up, and volatility is on the rise. Traders should watch for quick moves and adjust strategies accordingly.
Risk management is key—don’t overleverage, and keep stop-losses tight. PENGU’s next move could offer significant opportunities for those who are prepared. Stay sharp!