$PNUT $PNUT

📊 PNUT/USDT Trading Analysis – Crunching the Gains! 🥜

PNUT is trading at $1.6198, showcasing promising price action and increased trader interest.

🔹 Support & Resistance:

Key support lies at $1.5800, a critical level where buyers have repeatedly defended the price. Resistance is seen at $1.6500, a breakout above which could spark a strong bullish rally toward $1.7000.

🔸 Entry Strategy:

Traders could consider entries around $1.6000, leveraging the support zone for a safer buy-in. For momentum trades, watch for a breakout above $1.6500, confirming bullish strength, and target further upside.

⚠️ Risk Management:

Implement a stop-loss below $1.5700 to secure your position against unexpected downturns.

PNUT's chart is showing signs of a potential move—stay focused and watch for those critical breakouts! 🚀

#BONKBURNmas #SOLWatch #XRPPriceAction #DEXXBreach #Write2Earn!