๐จ $PENGU Short Liquidation Alert! ๐จ
$PENGU just saw $15.33K in short liquidations at $0.03531, causing a sharp market reaction! This could signal an explosive move ahead. Traders need to be sharp and ready for whatever comes nextโdonโt miss out on the action!
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๐ Key Levels to Watch for $PENGU
Buy Zone: $0.030 - $0.035 (Strong support area to look for a potential bounce)
Stop Loss: $0.028 (Below key support to manage risk)
Targets:
Target 1: $0.040 (Immediate resistance level)
Target 2: $0.045 (Key resistance zone for further bullish momentum)
Target 3: $0.050 (Breakout level for a strong upward move)
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๐ What Could Happen Next?
1. Scenario 1: If $PENGU holds the support zone between $0.030 - $0.035, buyers could push the price towards $0.040 or higher, continuing the bullish trend.
2. Scenario 2: If PENGU drops below $0.028, the price could fall further, testing $0.025 or lower levels.
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โก Pro Tips for Trading $PENGU:
Wait for Confirmation: Look for a clear bounce or a breakout above $0.040 before jumping in.
Risk Management: Stick to your stop-loss levels and avoid getting caught in the volatility.
Volume Matters: Pay attention to increasing volume as a signal for the next price move.
๐ฌ Your Move? Will PENGU continue its rally or face a setback? Share your thoughts below!
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