๐จ $PENGU Short Liquidation Alert! ๐จ
A massive $10.049K in short positions liquidated at $0.011290, signaling strong bullish momentum! This could drive further price actionโhereโs the key trade setup:
๐ Market Analysis & Key Levels:
๐น Buy Zone: $0.01050 โ $0.01120 (Wait for a retest before entry)
๐น Resistance Levels (Targets):
๐ฅ T1: $0.01250 (Short-term profit-taking zone)
๐ฅ T2: $0.01380 (Key breakout level)
๐ T3: $0.01500+ (Major resistance)
๐ Stop-Loss: $0.00980 (Below key support to minimize risk)
๐ฅ Trade Strategy:
โ If price retests the buy zone & holds support, it could be a strong long entry.
โ A breakout above $0.01250 with volume may lead to rapid movement toward higher targets.
โ ๏ธ Caution: If price breaks below $0.00980, downside risk increases.
๐ข Keep an eye on market sentiment & volume spikesโa short squeeze could push prices even higher! ๐
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