$PNUT
Short Position Liquidated: $1.417K at $0.75414
A total of $1.417K in short positions on PNUT were liquidated as the price spiked to $0.75414, reflecting increased bullish pressure in the market.
Key Levels to Watch:
Immediate Resistance: $0.770 – Breaking this could drive the price higher.
Support Level: $0.730 – A critical zone to maintain bullish momentum.
Potential Price Movements:
Upside Target: $0.785 if resistance is surpassed.
Downside Risk: A pullback to $0.720 if selling pressure emerges.
The surge highlights the current buying enthusiasm, but traders should stay vigilant amid potential market volatility.