$PNUT Liquidation Alert: A $27.436K Shakeup at $0.71221!

The Peanut ($PNUT) market just witnessed a massive long liquidation of $27,436 at $0.71221. This signals significant pressure on buyers, and a potential setup is brewing for sharp moves ahead. Let’s break it down step-by-step and map your next move.

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Key Levels for PNUT

1. Buy Zone:

The first strong support lies at $0.680 - $0.700.

If prices dip further, the next accumulation zone is around $0.650.

2. Target Levels:

Short-term target: $0.750 - $0.770

Mid-term target: $0.800 - $0.820

3. Stop Loss:

Set a stop loss below $0.670 to minimize downside risks in case of further selling.

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What’s Next for PNUT?

Bullish Scenario: If PNUT bounces from the $0.680-$0.700 range, a recovery toward $0.750 or even $0.800 is possible. Watch for a volume surge to confirm strength in the uptrend.

Bearish Scenario: A break below $0.670 could push PNUT further down, potentially testing $0.620-$0.650. Stay cautious in this zone.

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Factors to Monitor

1. Market Sentiment: Look for broader trends in altcoins. Positive sentiment could spark a rebound.

2. Volume Activity: Strong buying volume near the $0.680 level may indicate a reversal is imminent.

3. Key News: Updates about Peanut’s ecosystem or partnerships could drive momentum, so keep an ear out.

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Trading Tip: Always stick to your strategy and use proper risk management. Markets are volatile, so stay disciplined and adjust quickly as new levels emerge. This is not financial advice—just an analysis to help plan your next move!

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