$PNUT Short Liquidation: $1.0211K at $1.09326
Current Price: $1.11
24h High: $1.15
24h Low: $1.05
24h Volume: 18,400 PNUT
24h Volume (USDT): $20,344
Price Change (24h): +5.2%
Support Levels to Watch:
$1.08 (Immediate support zone for a potential bounce)
$1.05 (Key level where buying pressure may strengthen)
Bullish Targets:
$1.15 (Near-term resistance, a break could signal further upside)
$1.20 (Next major target if momentum continues)
Actionable Trade:
A surge in short liquidations has sparked bullish momentum in PNUT. With the price breaking above $1.09, a move towards $1.15 and $1.20 seems likely. Look for entries near $1.08 and target $1.15. Keep stops tight below $1.05 to protect against sudden reversals.