🚀 $PNUT/USDT Analysis: Key Levels to Watch! 📉

The market is heating up, but PNUT/USDT is currently in bearish territory, trading at $1.1359, down 7.41% in the last 24 hours. Sellers are dominating, with the price forming lower highs and lower lows—a clear downtrend.

💡 Key Levels:

Resistance: $1.1698 – This level needs to break for any bullish recovery.

Support: $1.1271 – If this breaks, expect a drop toward the $1.08 region, an important historical level.

🎯 Entry Strategy:

1️⃣ For Bulls: Wait for a breakout above $1.1698 with strong volume before entering. A retest of this level as support would confirm bullish momentum.

2️⃣ For Bears: Look for entries near resistance ($1.1698) or after a breakdown below $1.1271 for short opportunities.

🔥 The market is ripe for action! Stay patient and trade smart—timing is everything. 📊

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