$PNUT Market Update!
Short Liquidation Alert: $5.6188K liquidated as #PNUT hits $0.69299. Bulls are charging forward, breaking key resistance levels.
What’s next?
$PNUT ’s momentum suggests more upside potential. Here's a simple plan to follow:
Buy Zone:
Between $0.68 - $0.70 (ideal entry point if the price retraces slightly).
Targets:
1. $0.75 (short-term target).
2. $0.85 (medium-term target).
3. $1.00 (long-term potential if the bullish trend holds).
Stop Loss:
Place a stop loss at $0.65 to manage risk effectively.
Key Observations:
Volume Surge: Increased activity confirms growing interest.
Trend Strength: Breaking $0.70 could trigger another rally.
Watch for key resistance at $0.75; a breakout here signals the next wave!
Stay sharp and manage your trades wisely. The market is volatile, but the opportunities are ripe!
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