$PENGU Short Liquidation Alert: A sharp $1.36K liquidated at $0.03162!
🚀 Bears Squeezed
The PENGU bulls just delivered a knockout blow as the price surged past resistance, forcing shorts to cover in a cascade of liquidations.
📈 Key Takeaways:
Key Breakout: $0.03162 was the level where shorts were caught off guard, fueling the uptrend.
Bullish Surge: This liquidation injects more fuel into the rally, pushing PENGU higher with increasing buying pressure.
Market Volatility: Watch out for sharp price movements as momentum builds and shorts scramble to cover.
🔥 What’s Next for PENGU?
Target Resistance: $0.032–$0.033 is the next potential resistance zone for bulls.
Profit-Taking: Expect possible pullbacks as traders lock in gains, but watch for quick reversals if support holds.
Momentum Watch: Keep an eye on volume and whale activity to gauge the strength of this rally.
💡 Pro Tip: Follow the trend but be ready to adapt—liquidations can trigger swift moves in both directions.
Will PENGU continue its march upward, or is this just a temporary surge? Stay tuned and be prepared for the next big move!
