I am watching how smart money is trapping short sellers on $PENGU to push the price higher.

I am looking at the whale data for $PENGU right now. The current price is sitting around 0.01019. I noticed that many large traders are stuck in short positions and losing money, while the recent buy volume is very strong. I expect the market to squeeze these trapped short sellers, forcing them to cover their positions and driving the price up further.

My plan is to wait for a small pullback into my entry zone. If the buying pressure holds there, I will take a long trade to follow the smart money.

Trade Plan

Direction: Long

Entry: 0.0101000

Stop Loss: 0.0099000

Take Profit 1: 0.0103000

Take Profit 2: 0.0105000