$PENGU It looks like there's a short liquidation of $1.7786K at a price of $0.03723 for #PENGU. Short liquidations like this can lead to a rapid increase in the price because traders who were betting against the coin are forced to buy it back. This could create a temporary price spike.
Next move suggestion:
1. Watch the price closely: After a short squeeze, the price might rise sharply before correcting. Be ready for both upward and downward movement.
2. Consider taking profits: If the price rises quickly, it could be a good time to lock in profits, especially if you're in a position already.
3. Use stop-losses: Protect yourself from any sudden downturn by setting stop-loss orders just in case the price drops quickly after the spike.
#NonFarmPayrollsImpact #BullCyclePrediction #CryptoMarketDip #BinanceAlphaAlert