🚨 $PNUT SURGES 18% – WILL THE RALLY CONTINUE OR LOSE STEAM? 🚨
$PNUT is trading at $1.31, up a massive 18.68% within 24 hours, with a high of $1.35 and a low of $1.06. After a parabolic rise, the price is consolidating – is another leg up on the horizon, or is a pullback imminent?
💡 Key Targets to Watch:
📈 Target 1 (Resistance): $1.35 – Breaking this recent high could signal another explosive move higher.
📈 Target 2 (Breakout Potential): $1.42 – Sustained momentum might take $PNUT to this level, with buyers eyeing further gains.
📉 Target 3 (Support): $1.25 – If PNUT dips below this, expect a retest of lower support around $1.20, signaling potential weakness.
⚠️ Market Direction:
Bullish Case: A breakout above $1.35 opens the door to new highs near $1.42 or beyond.
Bearish Risk: Failure to hold above $1.25 might see the price retrace to $1.20, erasing some of its gains.
Keep an eye on the chart – volatility is high, and a decisive move is brewing!