$PENGU 🔥 Shorts are being squeezed around the $0.01056 area, where roughly $7.25K was liquidated. The bigger picture shows strong recovery momentum from the $0.007–$0.008 region, although price is currently consolidating just below the psychological $0.0105–$0.0109 liquidity band.

SMC structure remains constructive while price holds above the recent demand zone. A clean breakout through $0.0109 would signal another bullish expansion; rejection there could send price back toward the imbalance and previous demand.

🟢 Support: $0.00980–$0.00950

🔴 Resistance: $0.01050–$0.01090

🎯 Next Target: $0.01120 → $0.01180

⚠️ Invalidation: Loss of $0.00945

Buy-side liquidity is building above the recent highs. If buyers absorb the supply and close above $0.0109, momentum could accelerate toward the next liquidity pocket.

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