$PENGU : Short Liquidation Opens Bullish Momentum! 🚀

📊 $6.5327K in shorts liquidated at $0.04214, indicating bearish pressure is fading. This could spark a bullish rally as buyers take control.

Key Levels to Watch

Support Zone: $0.0415 - $0.0420 (solid foundation).

Breakout Zone: Above $0.0440 (key resistance).

Targets After Breakout:

1. $0.0460 (short-term target).

2. $0.0500 (medium-term target).

3. $0.0550 (long-term potential).

Trading Plan for $PENGU

Buy Zone

Dip Entry: $0.0415 - $0.0425 (near support).

Breakout Entry: Add positions above $0.0440 after confirmation.

Targets

1. Target 1: $0.0460

2. Target 2: $0.0500

3. Target 3: $0.0550

Stop Loss

Stop Loss Level: $0.0405 (below support to reduce risk).

What’s Next?

1. Bullish Scenario:

A confirmed breakout above $0.0440 could lead to a sharp rally toward $0.0460 and higher.

2. Bearish Scenario:

If price falls below $0.0405, avoid buying, as further downside may follow.

💡 Tips:

Patience Wins: Wait for a breakout confirmation to avoid false moves.

Risk Management: Always set tight stop losses to protect your trades.

PENGU could be set for a breakout – Don’t miss the next move! 🎯

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