$PENGU Short Liquidation: $10.558K at $0.0326
🚨 Market Update:
Liquidation Type: Short
Liquidation Value: $10,558.00
Liquidation Price: $0.0326
💹 Market Insight:
Penguin (PENGU) saw a significant short liquidation at $0.0326, indicating a surge in bullish sentiment.
This momentum could lead to further upward movement, offering an exciting trading opportunity.
🔥 What’s Next?
Buy Zone: Enter between $0.0315 and $0.0330, where the price is likely to stabilize or consolidate before the next leg up.
Target 1: Aim for $0.0355, offering a potential 9% upside.
Target 2: If momentum strengthens, target $0.0380, a key resistance zone.
Stop Loss: Place your stop-loss at $0.0300 to minimize downside risk.
💥 Key Levels to Watch:
Support Zone: Strong support lies at $0.0315, where buyers might step in to defend the level.
Breakout Zone: A move above $0.0355 could trigger a rally toward $0.0400, driven by bullish enthusiasm.
🔔 Pro Tips:
1. Volume Confirmation: Look for high buying volume near $0.0320 to validate the uptrend.
2. Secure Gains: Lock in partial profits at $0.0355 and adjust your stop-loss as PENGU approaches $0.0380.
3. Trend Analysis: Monitor broader market conditions, as small-cap tokens like PENGU often follow larger altcoin trends.