Insights

🟡Long Liquidation Update & Next Move A big long liquidation of $7,416.1K happened at $0.01507 for $PENGU .This means many traders who had long positions were forced to sell, which can lead to price swings. Now, let’s analyze what could happen next and where you can enter for potential gains. Current Market Overview Liquidation Level: $0.01507 Price Action: High selling pressure after liquidation Trend: Possible dip before reversal Market Sentiment: Mixed (some panic, but also buy opportunities) Next Move: Buy Zone, Target & Stop-Loss Buy Zone: $0.0135 - $0.0142 This is a strong support area where price could bounce back. Target Levels: Target 1: $0.0168 (Short-term resistance) Target 2: $0.0185 (Breakout level)