🚨 PNUT Short Liquidation ALERT: A MASSIVE Market Shake-Up 🚨
(Peanut) experienced a massive short liquidation, with over $5.1K worth of positions being completely wiped out at a critical price level of $0.16289!
This is more than just a liquidation — it’s a game-changing moment for anyone caught on the wrong side of this trade! What happened, and what’s next? Let’s dive into the thrilling details!
What Triggered This Massive Liquidation? When the price hit $0.16289, it acted as a breakout level for buyers, triggering a massive short squeeze. Short positions were forced to close, and the liquidations came pouring in like a flood! With traders scrambling to cover their positions, the volatility shot through the roof, sending PNUT’s price on a wild ride.
This wasn’t just a simple market correction — it’s a high-impact event that could mark the beginning of something big for PNUT! Was this driven by favorable market sentiment, insider movements, or a massive buy-wall?
🔍 What’s the Impact on PNUT's Price? The liquidation of $5.1K in shorts is not just a number — it represents a significant amount of market pressure being lifted, which could mean explosive growth for PNUT. Traders are eyeing key resistance levels as the price starts to swing upward. Could PNUT surge past $0.20? The pressure’s on, and the next few moves will be crucial!
Are We on the Verge of a Bull Run? This short squeeze could be the precursor to a larger bull run, with potential for PNUT to break out to new highs. With the shorts out of the way and the market volatility heating up, PNUT has room to run wild if momentum continues in its favor.
For Traders:
Watch the Volume: As liquidations continue, the volume may spike — signaling potential for price movement.
Set Alerts: Keep an eye on price levels, especially near $0.16289 — this may serve as new support or resistance.
Be Ready for Anything: With market conditions like
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