🔥 $PENGU Short Liquidation Alert: Bulls Roar Back!
A $5.1585K short liquidation just hit at $0.03368, signaling strong buyer momentum! The shorts are getting squeezed, and the market is heating up. Is this the beginning of a big move? Let’s dive into the details!
Market Analysis
This liquidation shows buyers stepping in hard near $0.0336, forcing short positions to close.
If the price pushes above $0.034, we could see a breakout rally.
Failure to hold above $0.033 may bring a minor pullback before another push higher.
Suggested Trading Plan
🔵 Buy Zone:
Entry 1: $0.0332 (a retest of support).
Entry 2: $0.0325 (if the market dips slightly for better positioning).
🎯 Targets:
Target 1: $0.0345 (short-term rally).
Target 2: $0.0360 (bullish continuation).
Target 3: $0.0380 (if momentum builds strongly).
🔴 Stop Loss:
Place your stop loss at $0.0320 to protect against sudden drops.
Key Levels to Watch
Support: $0.0332 and $0.0325.
Resistance: $0.0340 and $0.0360.
What’s Next for $PENGU ?
A break above $0.034 could attract new buyers, accelerating the rally.
If support at $0.0332 holds strong, it’s a good sign for bulls.
Keep an eye on trading volume—higher activity confirms a strong trend.
⚡ Seize the Opportunity!
The battle between bulls and bears is intense. Stay sharp, follow your strategy, and don’t miss out on this potential breakout! 🚀
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