BOOM! $PNUT Just Triggered a Short Liquidation of $1.10K at $0.3022!
The bears just got squeezed, and the fire's just getting started. With short liquidations heating up the charts, momentum might be building for a potential bullish breakout. Let’s decode the next big move:
Technical Analysis for $PNUT (Thrill Mode Activated):
Current Price: Around $0.3022
Short Liquidation: $1,104.90 at $0.3022
Momentum Shift: Bullish sentiment kicking in after shorts wiped out.
Buy Zone (Accumulation Area):
$0.2880 to $0.3000
This is a healthy retracement zone where smart money could re-enter.
Targets (Blow-Off Top Zones):
Target 1: $0.3280
Target 2: $0.3525
Target 3 (Moonshot): $0.3980
These levels align with Fibonacci extensions and previous resistance points.
Stop Loss:
Tight SL: $0.2820 (for aggressive traders)
Conservative SL: $0.2720 (below structure support)
Trade Plan Summary:
Enter near $0.2900–$0.3000
Risk small with clear stop loss
Ride the wave if bulls take charge post-liquidation
Trail stops as you hit targets for maximum gain
Thriller Quote:
"When shorts get squeezed, rockets get launched. $PNUT is heating up — don’t blink."
Stay sharp, stay ready. This might just be the prelude to the next breakout saga.
