🚀 $PENGU Shorts Just Got Wrecked! Is a Big Move Coming?
🔥 A total of $10.85K in short positions just got liquidated at $0.00659! This means bears are losing control, and the price could be getting ready for a strong breakout. Let’s break it down!
📊 Current Market Situation:
Short liquidations = Bears getting crushed
If buyers step in, we could see a strong push upward
A small dip might come first before the next leg up
📍 $PENGU Buy Zone:
Best Entry: $0.00630 - $0.00660 (Look for dips and signs of strength)
Strong Support: $0.00610 (If this holds, expect a strong bounce)
🎯 Target Levels:
Target 1: $0.00690 (Quick resistance)
Target 2: $0.00720 (Breakout zone)
Target 3: $0.00750+ (If bulls take full control)
🚨 Stop-Loss (For Risk Management):
Below $0.00610 (If price drops below this, more downside risk ahead)
🔥 Conclusion:
With shorts getting wrecked, this could fuel a bullish breakout. Watch $0.00630-$0.00660—if buyers defend this zone, expect a strong rally. If it dips, $0.00610 is the last key support before deeper drops!
Stay sharp, trade smart! 🚀
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