$ETH #USStockDrop #BinanceAlphaAlert CryptoMarketCapBackTo$3T#BNBChainMeme #TRXETF #USChinaTensions PENGU Long Liquidation Detected
Liquidated: $5.9722K at $0.00596
I'm seeing serious liquidation pressure on PENGU, with nearly $6K in longs flushed at $0.00596.
This level is a red flag — and may serve as a pivot for what's next in the trend.
Tip 1: Map the Crucial Levels
Immediate support is found at $0.00570.
If that breaks, downside risk increases toward $0.00540.
To regain control, bulls must reclaim $0.00620 — the new resistance line.
Tip 2: Tactical Entry Gameplan
Buy Zone (if price stabilizes): $0.00570 – $0.00585
Target 1: $0.00615
Target 2: $0.00640
Stop-Loss: $0.00550
Don't jump in on first signs — let confirmation drive your move.
Tip 3: Look for Momentum Cues
I’m watching closely for strong buying reactions or wicks near $0.00570.
If bulls step in, that could signal a solid reversal play. No volume? No entry.
Next Move:
I'm staying sidelined until the dust settles. PENGU needs to prove strength above $0.006 to shift sentiment.
For now, treat this like a bounce-or-break scenario play it smart, not emotional.