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Υποτιμητική
$PENGU {spot}(PENGUUSDT) just printed a $9.9791K long liquidation at 0.00674 — that’s not noise, that’s forced positioning getting flushed. When longs get wiped at a key level, it usually means liquidity has been taken and the market is resetting structure.
Market Overview: Price is reacting around the liquidation zone, which now acts as short-term pivot support. If buyers reclaim and hold above 0.00680, we could see a squeeze toward higher liquidity pockets. Failure to hold 0.00670 opens room for a deeper retrace as weak hands exit. Intraday Bias: Neutral to bullish above 0.00670, bearish below it.
Pro Tip: After a long liquidation sweep, don’t chase the first green candle. Wait for structure shift and volume confirmation. Let the market prove strength before committing size. #XCryptoBanMistake
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