🚨 $PENGU Long Liquidation Alert! 🚨

Big shakeup for $PENGU! A massive $34.104K long position just got liquidated at $0.03326. This could create some serious price action in the next few hours. Let's break down what's happening and what to expect!

What’s Happening?

The liquidation at $0.03326 shows some serious pressure. Traders were betting on $PENGU's rise, but it’s clear that the market is forcing some out with this significant sell-off.

Expect possible volatility as the market reacts to this liquidation and the buying and selling pressure shifts.

What’s Next for $PENGU?

Current Price: Watch how $PENGU behaves around $0.033. If it can hold this level, we might see a bounce. But if it falls below, we could see the next level at $0.030.

Resistance: Watch the $0.035 area. If $PENGU can break through this, it could signal a move back to higher prices.

🔥Buy Zone: Consider entering the market around $0.030 - $0.032. If the price stabilizes above $0.032, it could be a solid buy with potential for upside.

🎯Target: Short-term target is $0.035. If breaks this resistance, the next level to aim for is $0.040.

🚨Stop Loss: Protect your position by setting a stop loss just below $0.029. This will help limit potential losses if the price continues to drop.

Conclusion: With PENGU in a volatile state after the liquidation, it’s important to stay cautious and watch the key support and resistance levels closely. Make sure to set your stop losses and targets to manage risk effectively.

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