$PNUT /USDT: Ready for the Next Move? 🔥💯
$PNUT /USDT is demonstrating strong momentum, now trading at $0.7791 (+17.37%). After bouncing off the key support zone at $0.72-$0.74, it has confirmed this area as a solid base. Currently, the pair is testing a crucial resistance level at $0.7720, setting the stage for a potential breakout.
What’s Next?
Bullish Scenario: If the price breaks above $0.7720, a rally toward $0.80 and possibly $0.82 could follow.
Bearish Scenario: Failure to break resistance might lead to a pullback to the $0.72 support zone, offering a potential re-entry point for traders.
Trade Ideas:
Long Entry: Above $0.7720, target $0.80, stop-loss at $0.75.
Short Entry: Below $0.74, target $0.72, stop-loss at $0.76.
The market is at a decisive point—watch for increased volume and momentum to confirm the next move!