🚨 $PNUT /USDT ALERT: Price Testing Critical Levels – What’s Next? 🌟

Current Price: $1.4609 (-12.18%)

24h High: $1.7324

24h Low: $1.4100

24h Volume: 250.39M $PNUT

The $PNUT /USDT pair is under pressure after a sharp 12% decline but shows signs of consolidation near key support levels. With strong trading volume and significant price action, PNUT may be setting up for a recovery or further downside move.

🎯 Key Targets to Watch:

1️⃣ Immediate Resistance: $1.5500 – Breaking above this level could signal a short-term reversal.

2️⃣ Second Target: $1.7000 – A sustained move could retest previous highs near this level.

3️⃣ Major Target: $1.8500 – A breakout beyond this could ignite strong bullish momentum.

💡 Support Levels:

Key support is at $1.4100; a break below could lead to further downside toward $1.3000.

📈 Technical Indicators:

MA(7): $1.4619 – Immediate resistance aligns with the current price level.

MA(25): $1.5727 – Acting as a strong mid-term resistance.

MA(99): $1.6279 – Indicates a longer-term bearish sentiment unless reclaimed.

⚠️ Trading Tip: Monitor for a breakout above $1.5500 for a potential recovery or breakdown below $1.4100 for bearish confirmation. Use stop-losses to mitigate risk in this volatile setup.

#PNUT #CryptoTrading #BinanceSquareFamily #AltcoinAnalysis #TradingSignals