BOOM! Short Squeeze Incoming?
$PNUT Just Liquidated Shorts Worth $2,021.7 at $0.3481 – The bears are in trouble and the bulls smell blood!
The Nut is Cracking… and Exploding Upward?
After this sudden short liquidation at $0.3481, we could be gearing up for a potential breakout move. Here's your tactical blueprint:
Technical Analysis – War Map:
Buy Zone:
$0.3350 – $0.3490
(Accumulation zone just below and around liquidation point. Smart money might be stacking here!)
Targets:
Target 1: $0.3720 (local resistance and profit-taking area)
Target 2: $0.3950 (strong breakout zone – watch volume!)
Target 3: $0.4220 (moonshot if momentum holds – psychological barrier)
Stop Loss:
$0.3260
(Below recent structure – keeps risk controlled if breakout fails)
What This Means:
Shorts got squeezed at $0.3481, suggesting selling pressure is weakening and bulls may take control. If $PNUT holds above this level, we could see panic buying from shorts trying to escape.
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Are You In or Watching From the Sidelines?
$PNUT is heating up – and it might just explode.