$PNUT /USDT has been on a strong bullish run, with the price surging from a low of 0.5989 to its current level of 0.7599, representing a 12.10% increase. The chart shows a clear uptrend, with higher highs and higher lows.
* Current Price: 0.7599
* Entry Price: Consider entering a long position at the current price or on a slight dip towards the 0.7400 support level.
* Resistance Levels:
* Immediate resistance: 0.7800
* Strong resistance: 0.8000
* Support Levels:
* Immediate support: 0.7400
* Strong support: 0.7000
* Take-Profit Targets:
* TP1: 0.7800
* TP2: 0.8000
* TP3: 0.8200
* Stop-Loss: Set a stop-loss below the 0.7000 support level to limit potential losses.
Caution:
* Always conduct your own research and analysis before making any trading decisions.
* Cryptocurrencies are highly volatile, and prices can fluctuate rapidly.
* Manage your risk by using stop-loss orders and position sizing.
* Stay updated on market news and events that could impact the price of PNUT/USDT.
