A significant long position in Peanut the Squirrel ($PNUT ) was liquidated at $0.737, totaling $51.8K.
Key Insights:
Recent Liquidation: A $51.8K long position was liquidated at $0.737, indicating potential bearish pressure.
Current Price: $PNUT is trading around $0.731, showing slight recovery.
Intraday Movement: High of $0.775, low of $0.727, suggesting volatility.
Short-Term Outlook: Analysts predict a potential rise to $0.728 by January 2025.
Long-Term Forecast: Projections estimate a value of $0.975 by 2030.
Next Move: Monitor support levels around $0.727 and resistance near $0.775. Consider setting stop-loss orders to manage risk.
Stay informed and trade cautiously.
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