📍$PENGU : Short-term surge opportunity?

📌 PENGU price increased by ~6% in 24h, with positive trading volume and market sentiment returning. The long/short ratio reached 1.06 – the highest this month, indicating bullish expectations are prevailing.

📌 A large liquidity cluster around the $0.044–0.045 range could attract price increases – this is a “liquidation magnet” that can easily trigger a short squeeze in the short term.

📌 Levels to watch:

🛡️ $0.0369: important support. If maintained, the price could retest the $0.045 range.

⚠️ If it loses $0.0369: risk of decline to $0.0291.

💭 Market sentiment is supporting the longs, but it’s crucial to maintain support to continue the upward trend.