🚨 $PENGU Liquidation Alert! 🚨
A huge long liquidation of $8.31K just hit at $0.03231. The market is heating up, and traders need to stay alert. Let’s break down the next moves for $PENGU:
What’s Happening?
The liquidation suggests strong selling pressure, but this could create opportunities for a rebound if buyers step in. Here’s the plan:
Buy Zone (Entry): $0.03050 - $0.03150
This range could act as a key support zone. Watch for price stability or signs of a reversal before entering.
Target Levels:
Target 1: $0.03350
Target 2: $0.03500
If buying momentum kicks in, these levels are realistic profit zones for the short term.
Stop Loss: $0.02980
Place your stop loss just below the buy zone to protect yourself from a deeper drop.
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Risk and Reward
Upside Potential: If $PENGU stabilizes and gains traction above $0.032, we could see a rally to $0.035 or higher.
Downside Risk: If $0.03050 breaks, expect further selling, possibly toward $0.028.
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⚡ Quick Tips for $PENGU Traders:
Use proper risk management. Never risk more than you can afford to lose.
Wait for confirmation signals like higher volumes or bullish candles before entering the trade.
Stay prepared—is moving fast, and this is a great moment to act smart!
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