$PENGU LIQUIDATION
A significant long liquidation for $PENGU just occurred, totaling $5.7358K at $0.0268. Here's the full trade setup:
Entry Point: $0.0268
Enter near this price, as the liquidation could trigger upward momentum in the market.
Stop Loss: $0.0255
Set a stop loss at $0.0255 to manage risk if the market moves against the position.
Target: $0.0300
The target is set at $0.0300, anticipating a potential rise following the liquidation.
Key Points:
The liquidation amount of $5.7358K suggests market volatility and a possible upward movement after the long positions are closed.
Watch for price action around the entry point to capitalize on any potential rebound.
Adjust your stop loss or target as the market evolves.
Monitor $PENGU for potential gains as the market reacts to this liquidation event.