$PNUT
Long Liquidation Alert: $1.2365K at $0.68924
A wave of bearish pressure struck PNUT, leading to a $1.2365K long liquidation at $0.68924. With bulls caught off-guard, the price hovers near critical support levels, raising the stakes for the next move.
1️⃣ Bearish Outlook: If PNUT dips below $0.685, it could open the path to lower levels, with $0.670 and $0.650 as potential targets.
2️⃣ Bullish Recovery: Should buyers step in and push the price back above $0.70, PNUT could aim for resistance around $0.72 or $0.75.
The market remains highly volatile, with rapid price swings likely. Traders must stay cautious and agile.
Strategic Focus:
Use tight stop-losses to protect against sudden downturns.
Monitor for signs of volume-driven reversals to capitalize on opportunities.
PNUT’s next move could be decisive—be prepared to act quickly as the market unfolds!