#peng U Short Liquidation Alert

A $1.7774K short liquidation was triggered on PENGU at $0.0096, forcing bearish traders to close positions. This short squeeze reduces immediate selling pressure and can act as a short-term momentum catalyst if buyers step in.

Key takeaways:

Holding above $0.0096 → potential bounce or continuation with volume support.

Failure to hold → likely range-bound consolidation before the next move.

PENGU is tied to the Pudgy Penguins ecosystem, so sentiment around NFTs and ecosystem updates can amplify price reactions after liquidation events.#WEFDavos2026 #TrumpCancelsEUTariffThreat #WhoIsNextFedChair #TrumpTariffsOnEurope