#pengu Recently surged suddenly, skyrocketing over 68% within just 7 days, marking the first time in months that the SuperTrend indicator has returned to the bullish range.📈#比特币巨鲸动向

This rebound has erupted after a long period of sideways consolidation, and it is now approaching the key resistance level of $0.018. The current quote for PENGU is about $0.0167, and the bulls are in full momentum!#美股代币化

Here's the question - can this wave continue to surge? Is there hope for a new upward channel towards $0.028?

🔥 The spot market is 'heating up'! Buying power is starting to gain momentum.

According to heat data, the trading activity of PENGU in the spot market is significantly heating up, indicating that real funds are entering the market and not just pure speculative 'paper fluctuations'.

When this rise driven by real buying meets a technical reversal (such as SuperTrend turning bullish), it usually leads to a more stable and lasting upward trend.

👉 If trading volume continues to expand, the resistance level of $0.018 may be breached soon, and the next target will be $0.028!

🧨 Are the bears still holding? The next wave of explosive growth might depend on them!

Although PENGU has surged significantly, many traders are still holding their short positions. For example:

  • Binance's comprehensive financing rate has just turned positive (0.01%).

  • But the weighted financing rate for open positions remains at -0.0329%.

In other words, many people are still 'betting on its decline'.

👉 If the market continues to rise, short positions may be forced to close (liquidate), which could trigger a wave of accelerated growth, and the story of bears pushing prices higher might unfold soon!

📊 How do the technical indicators look? Both MACD and SAR are giving bullish signals.

From the indicators, bulls currently hold the initiative:

  • MACD has strongly crossed the signal line, with momentum amplifying.

  • The SAR point is below the price, supporting the current upward trend.

The key support levels are at $0.0151 and $0.0114, while the main focus in the short term is still on - the hurdle of $0.018!

Once broken through, the morale of the bulls will further surge.

💣 The dense area of bears is right in front of us, and liquidation could trigger a chain reaction!

Binance's liquidation heat map shows:
There are a large number of short positions 'lying in wait' in the $0.0173-$0.018 range.

If the price successfully breaks through this range, it is very likely to result in a chain liquidation → short-term explosive growth, and reaching $0.028 is not a fantasy.

In other words, 0.018 is not only a technical resistance but also a 'minefield' that can ignite market sentiment.

✅ To summarize: 0.018 is a key threshold; once broken, it's all about the climax!

This is the current situation of the crazy penguin: 🐧🔥

  • 📈 Spot buying is surging.

  • 📊 Technical indicators are bullish.

  • 💥 Short pressure may inversely 'assist'.

As long as the momentum holds, $0.018 is likely not the end, but rather the launch point.

But don't let your guard down - if it can't surge upward and quickly falls back, it could form a short-term false rally. So the next few trading days are crucial, with both bulls and bears waiting for key signals.

✍️ DYOR, manage your risk well, and may everyone set sail in the crypto world!🌊

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