$PNUT Short Liquidation Alert: Breakout Brewing?
A $1.5042K short liquidation just occurred at $0.3865 — shorts are getting squeezed, and this could trigger bullish momentum.
Trade Plan:
Buy Zone: $0.3800 – $0.3870
Target 1: $0.4000
Target 2: $0.4150
Stop Loss: $0.3720
Short liquidations often lead to fast upside moves as traders rush to cover positions. If PNUT holds above the buy zone with increasing volume or a strong bullish candle, a breakout could follow.
Stay patient, follow confirmation, and trade the squeeze smart!
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