$PNUT $PNUT

🚀 PNUT/USD Analysis – Bullish Momentum at $1.1792! 🚀

The PNUT/USD pair is trading at $1.1792, showing strong support and potential for continued upward movement. As the price holds above key levels, traders are eyeing a possible breakout to higher targets.

📊 Support & Resistance Levels:

Resistance: $1.2000 – A critical level to watch; breaking above this could push PNUT towards $1.2500 or beyond.

Support: $1.1500 – A solid base that has previously held firm, making it an ideal entry point if the price dips.

💡 Trading Strategy:

Bullish Entry: Look for a confirmed breakout above $1.2000 with strong volume to capture the next wave of upward momentum.

Dip Buying: Watch for an entry near $1.1500 if price pulls back, targeting a quick rebound toward resistance.

PNUT/USD is showing promising signs of growth as market interest increases. With a solid foundation and clear breakout points, this pair is poised for potential gains. Keep a close watch on price action and volume – the next move could be right around the corner! 📈

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