$PNUT Long Liquidation Alert!
A significant $6.8468K in longs was liquidated at $0.5415, signaling strong selling pressure in $PNUT!
Quick Facts About $PNUT:
Current Price: $0.5415
Market Sentiment: Bearish tilt after liquidation.
Trend: Bears are taking the lead.
Key Levels to Watch:
Support: $0.52 – Critical to hold for any chance of recovery.
Resistance: $0.57 – Needs to break for a bullish reversal.
If $PNUT holds above $0.52, a short-term bounce toward $0.57 is possible.
A break below $0.52 could trigger further selling.
Strategy Suggestion:
If You're Holding: Be cautious—sell if $0.52 breaks.
If You're Watching: Consider buying only if it reclaims $0.57 with strong volume.
Avoid entering during a downtrend.
The market is testing $PNUT —stay sharp and manage your risks!
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