$PNUT Price Analysis
Current Data:
Short Liquidation: $16.232K at $0.74806
$PNUT Current Price: $0.74806
Key Levels to Watch
Buy Zone (Support):
$0.7400 to $0.7460
A solid entry range if price holds above this zone.
Target Levels (Resistance):
Target 1: $0.7600
Target 2: $0.7750
Stop Loss (Risk Control):
Set your stop loss at $0.7350 to limit risk in case of a drop.
Possible Scenarios
Bullish Case:
If $PNUT stays above $0.7460 and breaks $0.7600, it could rally toward $0.7750 or higher.
Strong short liquidation suggests buyers are dominating.
Bearish Case:
If PNUT falls below $0.7400, the price might drop to $0.7300 or lower.
Weakness below $0.7350 signals further downside.
Pro Tip:
Be disciplined—enter in the Buy Zone, aim for the Targets, and always use the Stop Loss to protect your trades.
Avoid chasing the market; let the levels guide you.
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