A massive long liquidation on $PNUT has been observed!
A heavy long liquidation of $9.92k occurred at $0.3193 - this is a signal worth monitoring. The bulls have taken a significant hit... but where there is fear, there is opportunity.
Technical Analysis and Strategy:
Area to watch (Buy Zone):
$0.2950 - $0.3100
This is the area where prices may stabilize after the panic caused by the liquidation. Strong demand has historically shown in this area.
Target 1: $0.3380
Target 2: $0.3620
Target 3 (Moon Launch): $0.3890
Stop Loss: Below $0.2850 (if prices close below this, the bulls lose control)
Why these setups?
Market liquidations often indicate local bottoms in volatile markets.
Increase in volume + decrease in price = exit of weak hands.
If $PNUT remains above $0.2950, bulls may quickly regain lost ground.
Market Sentiment:
The jungle has become wild. Liquidity has been pulled, positions destroyed, and now... we may be facing a golden recovery. Keep your eyes focused - peanut butter is about to get smooth again..
#BinanceAlphaAlert #MarketPullback #TrumpTariffs #GENIUSAct $ETH