🚨 $PNUT Long Liquidation Alert! 🚨
$PNUT has just experienced $8.83K in long liquidations at $0.70093. The market has shifted sharply, and this liquidation could signal a major move ahead. It’s time to pay attention—are you ready to trade the next big wave?
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📊 Key Levels to Watch for $PNUT
Buy Zone: $0.65 - $0.70 (Strong support area to look for a potential bounce)
Stop Loss: $0.62 (Below key support to minimize risks)
Targets:
Target 1: $0.75 (Initial resistance level)
Target 2: $0.80 (Key resistance zone for further upside)
Target 3: $0.90 (Breakout point for a strong rally)
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📌 What Could Happen Next?
1. Scenario 1: If $PNUT holds above $0.65, buyers might push the price up toward $0.75 and $0.80 as the market recovers.
2. Scenario 2: If drops below $0.62, further downside could follow, potentially testing $0.55 as selling pressure increases.
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⚡ Pro Tips for Trading $PNUT:
Wait for Confirmation: Look for signs of support or a bullish reversal pattern before entering.
Manage Risk: Use a stop-loss to protect your capital if the market turns against you.
Monitor Volume: A strong increase in volume near support could signal a rebound.
💬 What’s Your Take? Will PNUT bounce back or drop further? Share your thoughts and strategy!
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