BOOM! Massive Short Liquidation Hits $PNUT /USDT!
The bears just got crushed!
$8,043.60 in short positions wiped out at the key level of $0.3286 — a clear signal that the bulls are charging back into action!
What happened?
Short-sellers were betting on a drop, but the market had other plans. A liquidation tsunami swept them away, fueling an explosive upward momentum as panic buying kicked in!
Key Insights:
Liquidation Amount: $8,043.60
Price Level: $0.3286
Impact: Short squeeze triggered, upward pressure increased.
What it means:
This liquidation could be the spark that sets off a larger rally. Watch for strong resistance breaks above $0.33 — if that flips to support, we might be looking at a breakout zone!
Traders' Tip:
The market just punished over-leveraged bears. Momentum now favors the bulls, but stay alert — $PNUT can move fast!