Entry: $0.00765–$0.00785
Stop-Loss: $0.00725
TP1: $0.00825
TP2: $0.00870
TP3: $0.00915
PENGU’s recent liquidation around $0.00676 marks an important downside liquidity zone. Price holding above that area suggests buyers are defending lower support. The setup favors a controlled long while price remains above the entry zone, with resistance developing near $0.00825–$0.00870.
📌 Invalidation: Cancel the setup if price closes below $0.00725 with strong selling pressure.
Keep position size moderate and avoid chasing extended candles. The liquidation zone should act as the key reference for risk management.
#Ethena Buys Back Seed ENA and Ends Future VC Unlocks in Four Ecosystem Overhauls
