$PENGU Short Liquidation Alert
š„ Liquidation Breakdown:
A massive $64,700 in short positions was liquidated as $PENGU surged to $0.0462. Bulls took the reins, forcing shorts to cover and fueling this explosive upward move.
š Momentum Insights:
Bullish Strength: The strong price action indicates renewed confidence among buyers, with short squeezes adding fuel to the rally.
Resistance Ahead: Watch for the next challenge near $0.047, which could act as a key level for further price action.
Key Levels:
Upside Potential: If $PENGU maintains its momentum, a climb toward $0.048 could be on the cards.
Risk Management: A drop back below $0.046 might suggest a temporary cooldown.
pengu is riding a wave of bullish momentumācan it sustain this surge? The next move could present exciting opportunities for traders!