$PENGU Long Liquidation Alert
Liquidation Amount: $8,999.1
Liquidation Price: $0.03997
A significant long liquidation has taken place in $PENGU , reflecting growing selling momentum.
The price is now testing a critical support area, and the market’s next move will be decisive.
Crucial Levels:
Support: $0.03850
Resistance: $0.04150
Market Outlook:
If the price holds above $0.03850, a relief rally may be on the cards.
However, failing to maintain this support could lead to a deeper pullback.
On the other hand, breaking $0.04150 resistance could signal a short-term recovery.
Actionable Strategy:
Buy Range: $0.03880 - $0.03910
Sell Range: $0.04120 - $0.04150
Stop-Loss: Below $0.03830
Stay cautious near the support zone. For buyers, wait for a confirmed bounce.
Sellers might consider taking profits near the resistance zone.
Always keep your risk under control!
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