Breaking News: Major Short Liquidation on $PNUT – $72.1K at $1.352!
The markets have spoken, and $PNUT has surged past key resistance levels, forcing a massive $72.1K short position to be liquidated at $1.352.
This event marks a thrilling moment for traders, as volatility spikes and momentum shifts dramatically.
Short liquidations of this magnitude often signal critical market moves, with bulls gaining the upper hand and short-sellers facing immense pressure.
Such liquidations can act as a catalyst for further price increases as liquidity crunches intensify.
For investors and traders, all eyes are on $PNUT’s next move.
Will this liquidation ignite a sustained bullish rally, or will the market correct after this dramatic surge?
The battle between bulls and bears continues to heat up, and the coming sessions promise high-intensity action.
Stay tuned, manage risk wisely, and prepare for more fireworks in the $PNUT market!