$PENGU saw a short liquidation around 0.00917, confirming sellers were positioned incorrectly against the move. Price strength following the squeeze suggests buyers are in control, not chasing liquidity briefly. Structure remains constructive while price holds above the breakout base. Any shallow retracement into support is technically healthy and favors continuation.
EP: 0.00895 – 0.00925
TP: 0.00995 / 0.01080 / 0.01200
SL: 0.00845
Momentum continuation setup fueled by forced short exits. Maintain disciplined risk.
PENGUUSDT
Prep
0.009198
-0.29%