$PENGU Short Liquidation Alert
A $1.0773K short liquidation just occurred at $0.03749 for #PENGU, sending shockwaves through the market. This sudden movement showcases a swift reversal of fortunes for traders holding short positions.
Key Highlights:
Liquidation Amount: $1.0773K
Liquidation Price: $0.03749
Market Sentiment: Bullish momentum catching shorts off guard
🔥 What’s Next for PENGU? The market just saw a strong move against the shorts, and this could signal the beginning of an upward trend. Shorts being liquidated could fuel further upward momentum.
💡 Action Plan:
Keep a close eye on price action as PENGU pushes higher, targeting resistance levels around $0.038 and beyond.
If you're considering entering a position, watch for confirmation of the bullish trend before jumping in.
Be cautious of a potential pullback, as price action could stabilize before continuing higher.
This liquidation shows the power of market reversals—don’t miss the potential for further gains if the bullish momentum holds!