You are shouting like everybody run away meanwhile you voted bullish. What do you smoke bro?

Double Shockwave: $PNUT and $ME Suffer Major Liquidations!

The market trembles as pnut and $ME experience significant long liquidations, signaling intense bearish pressure across the board.

Here's what you need to know about this double blow:

Key Details:

$PNUT Liquidation: A colossal $130K at $0.655, wiping out substantial leverage in a single move.

$ME Liquidation: A smaller yet impactful $1,162.8 at $3.876, underscoring bearish momentum in tandem.

Why This Matters:

The sheer scale of $PNUT’s liquidation highlights a massive loss of confidence, possibly driven by weak fundamentals or external pressures.

Meanwhile, $ME’s liquidation suggests broader market volatility is taking no prisoners, regardless of position size.

What’s Next?

For $PNUT:

Watch the $0.65 level. If it fails to hold, expect a slide toward $0.60 or lower.

Bulls must reclaim higher ground to restore confidence.

For $ME:

Eyes on $3.87. A rebound could offer short-term gains, but a breakdown might push the price toward $3.70 or beyond.

General Strategy:

Short-Term Traders: Tighten stop-losses and prepare for rapid moves in either direction.

Volatility is high, but opportunities for quick scalps remain.

Long-Term Investors: Exercise caution. Wait for signs of stability and accumulation before re-entering.

Risk Management: Avoid high leverage as liquidation threats loom large.

Both $PNUT and $ME face a critical juncture. The next moves will define whether bulls can reclaim their footing or if the bears will solidify their grip! Stay vigilant.

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