$PENGU
The short liquidation on PENGU around $0.00922 tells a quiet but powerful story about pressure building under the surface. When short positions get forced out at this level it usually means sellers expected weakness but the market refused to fall. I’m seeing a zone where confidence slowly returns and fear starts to leak out of the chart. They’re the kind of moves that don’t scream on the timeline but they matter because liquidity gets cleaned and price becomes lighter. If momentum keeps holding here it becomes a psychological shift not just a technical one. We’re seeing how small caps like PENGU can surprise traders who underestimate patience and time. It becomes less about the size of the liquidation and more about the message the market is sending that downside isn’t free anymore.
