PNUT Long Liquidation Alert: A massive $7.9426K position has been liquidated at $0.71846.
This sharp downturn signals potential volatility ahead, and traders must be ready to pivot.
Entry Point: $0.72
Target: $0.80 - $0.85
Stop Loss: $0.68
$PNUT is showing signs of significant price movement, and the current action could set the stage for a breakout.
Watch for any signs of stabilization, as the risk-reward ratio is enticing for $PNUT traders, but be cautious.
Keep a tight stop loss on $PNUT to protect against any further downside.
The market’s response here will determine whether PNUT can rebound or face further challenges.
