⚡ $PNUT Long Liquidation Alert! ⚡

A huge $14.45K liquidation just hit at $0.79016! This is a big shake-up for $PNUT, signaling potential opportunities for sharp traders. Will the price recover, or are we headed lower? Let’s dive into the details:

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Key Levels to Watch

1. Buy Zone:

$0.7500 - $0.7700

This is the key support area. If the price drops into this zone, watch for buyers stepping in to push the price higher.

2. Target Levels:

Target 1: $0.8200

A short-term resistance where profit-taking might occur.

Target 2: $0.8500

A critical level to watch for a breakout toward further highs.

3. Stop Loss:

$0.7400

Protect yourself from unexpected downside. If $PNUT falls below this, the bears could take control.

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What’s Next for $PNUT?

Bullish Scenario:

If $PNUT holds above $0.7700, it could attract buyers, setting the stage for a rally toward $0.8200 and beyond. Momentum above $0.8500 could trigger even bigger moves.

Bearish Scenario:

If selling pressure continues and the price breaks below $0.7400, could slide further, with the next support around $0.7000.

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Market Sentiment

Volatility: High

Traders’ Focus: Price action at $0.7700

Strategy: Be cautious but quick to act. The current liquidation shows major players are exiting. This could be an opportunity to enter at key levels.

The market is heating up! Stay sharp and watch those levels closely. Are you ready to make your move?

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