$PNUT
🚨 PNUT/USDT Technical Analysis – Price at $0.6127 🚨
PNUT is trading at $0.6127, hovering near a crucial price level. The market is showing signs of consolidation, suggesting that buyers and sellers are in a tug-of-war. This zone could act as a launchpad for the next breakout, making it a key area to watch closely.
💡 Key Levels to Watch:
Resistance: $0.6300 – A breakout above this level could push prices higher.
Support: $0.6000 – A drop below could trigger further downside momentum.
🔍 Trade Setup:
📈 Bullish Entry: Break and hold above $0.6300 – Targeting $0.6500 - $0.6700. Stop-loss at $0.6050.
📉 Bearish Entry: Break below $0.6000 – Targeting $0.5800 or lower. Stop-loss at $0.6180.
PNUT is poised for movement – a breakout could spark strong momentum. Keep an eye out for volume surges! 🔥
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