Breaking News: Massive Long Liquidation for $PNUT !
$PNUT Long Liquidation Alert: A staggering $55K was liquidated at $0.691!
This dramatic move has shaken the market, creating new opportunities for traders as bullish momentum takes a hit.
What’s Next for $PNUT?
Key Levels to Watch:
Support Zone: $0.650 - $0.670 – A crucial area where buyers might step in.
Resistance Zone: $0.720 - $0.750 – Bulls need to reclaim these levels to regain control.
Potential Trading Strategy:
Buy Zone: $0.660 - $0.680 – Ideal fr entries if support holds strong.
Targets:
Target 1: $0.710
Target 2: $0.740
Target 3: $0.780 – For those aiming for extended profits.
❌ Stop Loss: Below $0.650 – Protect your capital from further drops.
Why This Matters:
Liquidation Impact: The sudden long liquidation signals a shake-up, possibly inviting sellers to test lower levels.
Trader Opportunity: Both bulls and bears can find opportunities in this volatile market—timing is everything!
What Will Happen Next? Can $PNUT recover above $0.720, or will sellers dominate further? Stay sharp, manage risk, and ride the wave!
Pro Tip: Watch for volume surges—they hold the key to the next big move!
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