$PNUT in Trouble? Big Liquidation Alert!
Longs Just Got Roasted with $6,873 Liquidated at $0.2927!
Looks like the bears took a big bite out of $PNUT , flushing out long positions with heavy pressure around $0.2927. This kind of liquidation hints at panic exits, which often create juicy opportunities for smart traders!
Here’s the Full Technical Breakdown:
Buy Zone (Accumulation Area):
> $0.2760 – $0.2860
This range has historical support and is where liquidity is likely to pool again. Ideal for patient entries.
Entry Idea:
> Ladder in from $0.2760 to $0.2860
Short-Term Targets:
> 1. Target 1: $0.3050
2. Target 2: $0.3210
3. Target 3 (Breakout Zone): $0.3420
Stop-Loss:
> Close below $0.2710 (4H candle)
To protect your capital in case bears keep dominating.
Risk-Reward:
> Approx 1:3 if entry is planned smartly in the zone.
What’s the Thrill?
Longs got wiped out – this means weak hands are out.
Market could be prepping for a bounce if volume supports.
Smart money often enters when fear spikes!
Final Word:
Don’t chase green candles. Patience pays in volatile setups like this. Accumulate like a sniper, not a shotgun. The real move may be loading — watch volume + price action around the buy zone.