$PNUT Massive Liquidation Alert!
💥 A **$51.8K long position** on **#PNUT** just got **wiped out** at **$0.247**! This kind of forced selling often triggers heightened volatility—are we about to see a deeper dip or a strong rebound?
🔍 **Market Insight:**
- **Key Support:** Watching the **$0.240 zone**—losing this could open doors for further downside.
- **Resistance Ahead:** If buyers step in, **$0.255-$0.260** is the level to reclaim for a reversal.
- **Momentum Shift?** Heavy liquidations sometimes mark local bottoms—watch for signs of accumulation.
📊 **Next Move:** Smart money is eyeing **reaction zones**—wait for confirmation before jumping in. A bounce from key support could offer an entry, but a break lower means caution is warranted.
**Stay sharp—volatility is in play!** 🔥
#Crypto #PNUTAnalysis