Major Long Liquidation Hits $PNUT — Opportunity or Endgame?
A massive $9.92K long liquidation just crushed the $PNUT market at $0.3176 — and it's making waves. Bulls just got slammed, but smart traders know: panic often precedes profit.
Technical Breakdown: Is This the Calm Before the Comeback?
Buy Zone to Watch:
$0.2950 – $0.3100
Historically, this is where demand steps in strong. Post-liquidation dips tend to find footing here — and this could be the new launchpad.
Short-Term Targets:
Target 1: $0.3380
Target 2: $0.3620
Target 3 (Moon Shot): $0.3890
Risk Management:
Stop-Loss: Below $0.2850 — if we break this level on a close, it’s game over for the bulls… for now.
Why This Trade Setup Matters
Liquidation events = potential local bottoms
Volume surge + price drop = weak hands flushed
If $PNUT holds above $0.2950, expect a bullish counterattack — and fast.
Market Sentiment: Wild, but Full of Potential
The crypto jungle just roared — liquidity got wiped, leverage got nuked, and now eyes are on the rebound. This could be the smoothest comeback since peanut butter met jelly.
Watch the charts. Watch the zone. Be ready.
#PNUT #CryptoAlert #BinanceMoves #AltcoinWatch #LiquidationHunt