$PENGU Short Liquidation Alert: $19,677 Liquidated at $0.02781!
The crypto market just went into overdrive as a massive short position on PENGU was liquidated at $0.02781, wiping out nearly $19.7K in leveraged capital! This is a stark reminder of how quickly volatility can strike, especially in smaller-cap altcoins with active leveraged trading.
Why This Matters:
Price Action Insight: $0.02781 acted as a critical short-squeeze trigger, forcing bearish traders out and causing a sudden surge in buying momentum. This level now serves as a key pivot for PENGU, potentially influencing both support and resistance in the near term.
#PCEInflationWatch #MarketPullback #BinanceHODLerXPL #BinanceHODLerXPL #BinanceHODLerXPL
