🥜 $PNUT Long Liquidation Alert 🥜

A massive $129.67K long liquidation just occurred at $0.6554 for $PNUT ! Such a high-value liquidation often triggers wild price swings, creating opportunities for traders. Are you ready to take advantage of this setup? Let’s break it down step by step.

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What’s Next?

Big liquidations like this can lead to either a sharp rebound or further price weakness. The key is to follow the levels and act strategically.

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Buy Zone:

👉 $0.630 - $0.655

This is the support zone where buyers may step in. Watch for stability or bullish signals like strong green candles before entering.

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Targets:

🎯 Target 1: $0.680 (Quick bounce level)

🎯 Target 2: $0.710 (Key resistance zone)

🎯 Target 3: $0.750 (High-reward zone if momentum picks up)

Take profits at each target to secure gains as the price moves higher.

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Stop Loss:

⛔ $0.620

Set your stop-loss just below the buy zone to protect yourself from unexpected downside risk.

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Trading Strategy:

1. Wait for Confirmation: Look for signs of strength, such as increased buying volume or bullish patterns near the buy zone.

2. Scale In Slowly: Start with a small position and add more if the price starts moving upward with momentum.

3. Stick to Your Plan: If the price falls below $0.620, exit and reassess the setup. Discipline is key.

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🚨 Caution: $PNUT is in a highly volatile phase after this large liquidation. Stick to your risk management strategy, avoid overleveraging, and trade with confidence. Big moves often follow such liquidations—stay sharp and ready to act!

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