Breaking: $PENGU Bulls Strike – $3.3293K Shorts Liquidated at $0.03104
In a dramatic move, $3.3293K in short positions was liquidated at $0.03104, signaling a powerful surge in bullish momentum.
The bears have been crushed, and the market could be setting up for a breakout rally.
Key Details:
Liquidation Amount: $3.3293K
Liquidation Price: $0.03104
Market Sentiment: Bullish momentum gaining traction, with shorts scrambling to cover.
Suggested Next Move:
1. For Long Positions:
Entry Zone: Look to enter at $0.031-$0.0315 if the price holds above the liquidation point.
Target: $0.033-$0.034 for potential upside gains.
Stop Loss: $0.030 to protect from possible retracements.
2. For Short Positions:
Wait for rejection at the $0.033 resistance level before considering shorting.
Target: $0.030 if the bullish rally loses steam.
Stop Loss: Above $0.034 to minimize risk if the trend continues upward.
3. Key Levels to Watch:
If $PENGU sustains above $0.0315, expect a potential move toward $0.035 or higher.
A drop below $0.030 may signal that the bullish momentum is fading.
The $PENGU market is heating up—prepare for further action as the bulls take charge!
