$PENGU Market Shake-Up! 🚨🔥
A huge $18.549K long liquidation just hit at $0.03438! The bulls got hit hard, but could this be the setup for a reversal? Here's everything you need to know about the next move for $PENGU :
Buy Zone
Look for potential buys in the $0.0325 - $0.0340 range. This support zone could act as a base for a strong rebound if buyers step in here.
Target Levels
Short-Term Target: $0.0360
Mid-Term Target: $0.0380
Moonshot Target: $0.0420
These levels represent key resistance points where the price could face challenges, but breaking through them could lead to solid gains.
Stop Loss
Set a stop loss at $0.0315 to protect your position. A break below this level could signal further downside.
Market Sentiment
The long liquidation shows that the market is volatile, but if $0.0340 holds, we could see a bounce. $PENGU could head towards $0.0360 or higher if the bulls regain control, but any drop below $0.0315 might lead to more bearish pressure.
Stay sharp, protect your capital, and don’t rush in. Markets can change quickly—trade smart! 🚀
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