๐จ $PNUT Short Liquidation Alert ๐จ
A massive $13.58K short was just wiped out at $1.13663. This means short sellers are getting squeezed, and momentum is shifting! When shorts liquidate, it often leads to a price push upwards.
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๐น Buy Zone: Look to enter around $1.10 - $1.12 for a safer entry. A small pullback here might occur before further upside.
๐ฏ Target Levels:
First Target: $1.22
Second Target: $1.30
Extended Target: $1.40
๐ป Stop Loss: Set your stop below $1.08 to manage risk.
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๐ง Why It Matters:
When short liquidations happen, prices often spike as sellers exit the market and buying pressure builds. If momentum stays strong, $PNUT could aim for higher highs.
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โ ๏ธ Remember: Always manage your risk and trade with a plan! The market can be unpredictable.
๐ Watch $PNUT closely โ this could be the start of a strong move!
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