$PNUT Liquidation Frenzy: Short Squeeze Unleashed!
Liquidated Short: $59.1K at $0.690
Market Breakdown:
Massive Short Squeeze: A $59.1K short position liquidated, sending #PNUT prices soaring as the squeeze accelerates.
Current Sentiment: Bulls are in control, pushing prices higher as shorts scramble to exit and add fuel to the rally.
Hints for Next Moves:
1. Resistance Zone: Watch for resistance around $0.800—a key level where profit-taking could cap the rally.
2. Support Level: Look for support at $0.760, where buyers may step in to defend the upward momentum.
3. Breakout Potential: A clean breakout above $0.800 could send #PNUT to $0.850 and beyond.
Quick Strategy:
Bulls: Ride the momentum with a confirmed breakout above $0.800 for further upside potential.
Bears: Be cautious—rejections around $0.800 could provide short opportunities, but manage risk carefully.
#PNUT is heating up—fast moves and high volatility ahead!
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