$PNUT Short Liquidation: $1.0004K Wiped at $0.4223 – Bulls Getting a Boost?
A fresh $1.0004K short liquidation just hit at $0.4223, suggesting bears got squeezed—often a bullish catalyst when followed by volume.
📉 TRADE SETUP – Bounce in Motion?
• Entry Zone: $0.418 – $0.423 (look for consolidation + breakout signs)
• 🎯 TP1: $0.435
• 🎯 TP2: $0.448
• 🎯 TP3: $0.465
• 🛑 SL: Below $0.410 (tight risk control if it’s a fakeout)
Market Insight:
Short liquidation can act as fuel for upside momentum, especially if buyers step in post-squeeze.
Keep an eye on $0.425+ breakout on solid volume—it could confirm the next leg up.
Pro Tip:
Look for a 15-minute candle close above $0.428 with rising volume or a bullish engulfing candle from the entry zone.
That’s your green light for potential upside play.
$PNUT bears just got clipped—bulls might ride this wave if momentum holds. Keep the radar ON.
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