$PENGU Long Liquidation: $6.4715K at $0.00886
Long traders were caught as PENGU failed to hold its support and dropped sharply. Buyers expected continuation, but strong selling pressure stepped in and forced a heavy liquidation. Liquidity below the range was taken cleanly, showing clear short-term weakness.
Entry (EP): $0.00905
Take Profit (TP): $0.00830
Stop Loss (SL): $0.00945
Market Outlook:
$PENGU remains under short-term bearish pressure after losing the key support zone. If price stays below the liquidation level, further downside or choppy consolidation is likely. Patience is key wait for confirmation and manage risk strictly.
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