🔥 $PNUT Short Liquidation Alert 🔥
A $40.383K short liquidation just happened at $0.62557, showing a sudden surge of buying pressure! This is a key moment for $PNUT as the market heats up. A breakout or reversal could be in the works—stay sharp!
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Key Levels for $PNUT
Buy Zone: $0.60 - $0.62
This is a strong support area. Accumulate here if the price dips, as buyers are expected to step in.
Target Levels:
First Target: $0.65
Second Target: $0.70
If momentum picks up, the price could test these levels soon.
Stop Loss: $0.585
Always protect your downside. If the price breaks below this, it could signal further weakness.
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Analysis
The short liquidation suggests bullish sentiment taking over, as shorts are getting squeezed.
A price surge above $0.63 could trigger additional buying, pushing PNUT higher.
Watch for consolidation near $0.62-$0.63—this zone will decide the next move.
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Strategy
1. Enter within the buy zone with a low-risk approach.
2. Track price action near $0.63 for signs of a breakout.
3. Stick to your stop loss to avoid unnecessary risks.
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🔥 The pressure is building! Will $PNUT explode past $0.65? Watch closely and act wisely.
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