$BTC PNUT /USD: EYEING A RECOVERY – CAN THE BULLS REGAIN CONTROL? ⚡
The $PNUT /USD pair is trading at $0.6204, holding near a critical support zone. Traders should monitor the upcoming price action for potential opportunities.
📊 Trade Scenarios:
Entry Point: $0.6204
Take Profit (TP 1): $0.6500
Take Profit (TP 2): $0.6800
Take Profit (TP 3): $0.7100
Stop Loss (SL): $0.6000
Key support stands at $0.6000, while immediate resistance is located at $0.6500. A breakout above $0.6500 could pave the way for gains toward $0.6800 and $0.7100. On the flip side, a drop below $0.6000 might signal further downside pressure.
📉 Market Outlook:
$PNUT/USD is attempting to stabilize above support, with bullish momentum likely if $0.6500 resistance is breached. Volume and market sentiment will play a crucial role in determining the next move.
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PNUTUSDT
0.62035
