$PENGU Long Liquidation Alert!
$3,068 liquidated at $0.03561!
This long liquidation shows heavy selling pressure, pushing PENGU down. The market might stay bearish unless strong support holds.
Key Details:
1. Bearish Momentum: Liquidation suggests buyers are struggling at $0.03561.
2. Support Zone: Critical level to watch is $0.03500—if it breaks, further decline is likely.
3. Resistance Area: Recovery is possible if the price reclaims $0.03600.
What Should You Do?
1. Watch Support: A strong bounce from $0.03500 could signal stabilization.
2. Stay Alert: Avoid entering until the trend shows clear recovery signs.
3. Protect Capital: Use a stop-loss below $0.03500 if trading actively.
Pro Tip: Monitor volume—rising sell volume may push the price lower, while high buy volume at $0.03500 could spark a rebound.
Need help analyzing further? Let me know!
#BinanceAlphaAlert #ShareYourTrade #USJobOpeningsSurge #BNBBhutanReserves