🚨 $PENGU /USDT SHORT LIQUIDATION ALERT 🚨

Overview:

PENGU has seen a significant short liquidation of $22.331K at $0.03273, signaling strong buying pressure in the market. This could drive a bullish rally if momentum sustains, offering a potential profit opportunity for traders.

Key Levels to Watch:

Buy Zone: $0.03100 - $0.03300

Target Zone: $0.03500, $0.03800, $0.04000

Stop Loss: $0.03000

Next Steps:

1. Entry Point: Look for $PENGU to hold above the $0.03200 level. If it stabilizes within the $0.03100 - $0.03300 range, consider entering a long position.

2. Target Levels:

First Target: $0.03500

Second Target: $0.03800

Third Target: $0.04000

Take profits gradually as PENGU moves toward these resistance levels.

3. Stop Loss: Place your stop loss at $0.03000 to limit downside risk if the price reverses unexpectedly.

Why It’s Bullish:

A short liquidation often forces sellers to cover their positions, creating buying momentum.

$PENGU ’s strong rebound above $0.03273 indicates buyers are stepping in, with potential for further upside.

Reminder:

Wait for confirmation of support and sustained momentum before entering.

Stick to a disciplined risk management strategy and only trade what you can afford to lose.

Get ready to ride the wave as PENGU targets higher levels! 🚀

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