🚨 $PNUT /USDT ALERT: Key Levels in Focus – Are You Ready for the Next Move? 🚨
$PNUT is trading at 1.2224, showing a -2.69% dip, as the market cools off after a strong rally to 1.3669 earlier in the day. Traders are now eyeing critical levels for a potential rebound or further consolidation.
📊 Key Levels to Watch: 1️⃣ Immediate Resistance: 1.2773 – A breakout here could pave the way for a recovery rally.
2️⃣ Support Zone: 1.1737 – This level must hold to avoid a deeper retracement.
3️⃣ Targets to Watch:
1.3000 – Short-term target on bullish momentum.
1.3500 – A breakout above could push PNUT closer to recent highs.
1.4000 – Strong resistance zone if bullish strength continues.
💡 Market Insights:
With 24-hour volume at 361.51M, $PNUT continues to attract significant interest, making it a promising watchlist coin. Momentum buyers could step in if resistance levels are breached.
⚠️ Caution: Failure to hold above 1.1737 may trigger a retest of lower levels. Traders are advised to use tight stop losses during volatile conditions.
🎯 Trade Setup: Consider long positions above 1.2773 with targets as outlined. Look for increased volume and bullish indicators to confirm market direction.
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