$PNUT /USDT Analysis

#Pnut The price is trading within a descending channel and approaching the strong support zone at $0.6169, which aligns with the 0.618 Fibonacci retracement level. The overall trend suggests a potential bullish reversal after breaking out of the descending channel, with targets reaching up to $3.0491 (300% gain).

First Target: $1.6034

Final Target: $3.0491

Stop Loss: Below $0.6225