pengu is one of the top 10 memecoins you should buy for this bullrun, you will see pengu above 0.50, do yourself a favor, buy a bag and hold it 😉
نشر
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David Warn
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صاعدMassive Liquidation Alert: $PENGU Faces Heavy Selling Pressure!
$PENGU just witnessed a long liquidation of $6.1765K at $0.006459, signaling a potential move ahead. The pressure from liquidations often leads to increased volatility, making this a crucial moment for traders.
Technical Analysis & Key Levels
Current Price Action:
The liquidation at $0.006459 indicates a key support zone being tested.
If buyers fail to hold this level, further downside pressure could emerge.
Buy Zone:
$0.00580 - $0.00620 (Potential accumulation area if buyers step in)
Target Levels:
Target 1: $0.00680 (Minor resistance)
Target 2: $0.00720 (Major resistance, potential breakout level)
Target 3: $0.00780 (Extended bullish target if momentum continues)
Stop Loss:
Conservative: $0.00570 (Below key support to minimize risk)
Aggressive: $0.00550 (Wider stop for potential recovery trades)
Conclusion
With a long liquidation at $0.006459, the market is testing key support levels. A bounce from the buy zone could trigger a recovery, but if weakness persists, a deeper pullback is possible.
#PENGU #MarketRebound
$PENGU just witnessed a long liquidation of $6.1765K at $0.006459, signaling a potential move ahead. The pressure from liquidations often leads to increased volatility, making this a crucial moment for traders.
Technical Analysis & Key Levels
Current Price Action:
The liquidation at $0.006459 indicates a key support zone being tested.
If buyers fail to hold this level, further downside pressure could emerge.
Buy Zone:
$0.00580 - $0.00620 (Potential accumulation area if buyers step in)
Target Levels:
Target 1: $0.00680 (Minor resistance)
Target 2: $0.00720 (Major resistance, potential breakout level)
Target 3: $0.00780 (Extended bullish target if momentum continues)
Stop Loss:
Conservative: $0.00570 (Below key support to minimize risk)
Aggressive: $0.00550 (Wider stop for potential recovery trades)
Conclusion
With a long liquidation at $0.006459, the market is testing key support levels. A bounce from the buy zone could trigger a recovery, but if weakness persists, a deeper pullback is possible.
#PENGU #MarketRebound
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