🐧 $PENGU — Is a Short Squeeze Building?

PENGU recorded $1.9837K in short liquidations near $0.0078. When short positions get forced out, price can move quickly as buy orders hit the market. The key question now is whether PENGU can turn this level into support or whether sellers will push the price back below it.

💰 Current Price: Live price not verified

📊 24H Change: Not verified

📍 Liquidation Level: $0.0078

🎯 Potential Long Plan

• Buy Zone: $0.007800–$0.007839, after a confirmed reclaim

• TP1: $0.007917

• TP2: $0.008034

• TP3: $0.008190

• Stop-Loss: $0.007644

🧱 Support: $0.007800, if price holds above this zone

🚧 Resistance: $0.007917, then $0.008034

Market Feeling: Neutral with bullish potential if buyers defend the level and volume increases. A clean breakdown would weaken the bullish case.

PENGU can move sharply in either direction, so manage risk carefully and avoid entering without confirmation.

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