$PENGU Short Liquidation Alert: A stunning $9,069.30 worth of short positions has been liquidated at the $0.03456 level, sending shockwaves through the market and fueling a strong bullish push!
This liquidation event highlights the fierce battle between bulls and bears, with short sellers forced to capitulate as the price surges higher.
$PENGU The cascading liquidations are triggering a powerful buying frenzy, which is likely to propel the price even further.
Bullish Momentum: The $0.0345 level has proven to be a key pivot point, sparking renewed interest and action from traders.
Short Squeeze in Action: As shorts scramble to cover, the buying pressure intensifies, creating a self-fulfilling rally.
Heightened Market Activity: With traders reacting to the shift, the market is seeing a surge in volume and volatility.
Key Levels to Watch:
Resistance Level: $0.035 – A breakout above this could send #PENGU into uncharted territory.
Support Zone: $0.0335 – Holding above this level is critical for maintaining the bullish trend.
Volume Surge: The increased volume indicates strong market engagement, suggesting the move may continue to gather steam.
Can #PENGU continue its upward
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