$PENGU Long Liquidation — $9.2036K at $0.01279
Market Context:
PENGU just saw a heavy long flush, meaning leveraged buyers were trapped and price swept liquidity below support. This often creates a bounce zone or a mid-timeframe retest short opportunity.
TRADE SETUP (SCALP/LTF Swing):
Buy Zone (Long): $0.01230 – $0.01255
Stop-Loss: $0.01198
TP1: $0.01310
TP2: $0.01355
TP3: $0.01420
Profit Potential:
TP1: ~4–5%
TP2: ~8–10%
TP3: ~12–15%
If invalidated:
Break below $0.01198 = shift to short the breakdown.
PENGU
0.011715
+1.91%