$PENGU
Long Position Liquidated: $4.9485K at $0.0381
A $4.9485K long liquidation occurred as PENGU dropped to $0.0381, highlighting the volatility in the market.
Key Levels to Watch:
Immediate Support: $0.035 – A critical level that could act as a floor for potential price stabilization.
Resistance Level: $0.040 – A key level to watch for any potential recovery or rebound.
Potential Price Movements:
Downside Risk: A further dip to $0.032 if the bearish momentum continues.
Upside Potential: A push toward $0.045 if buying interest picks up.
This liquidation underscores the current market instability, so staying alert to key price levels is crucial for traders.