🔍 $PNUT /USDT Technical Analysis - Key Levels to Watch 🔍

PNUT has been showing some interesting price action recently, and as we dive into the charts, here are the 3 key targets to focus on:

🎯 Target 1 - $1.25:

The price recently touched a 24-hour high of $1.2433, indicating strong resistance around the $1.25 mark. A breakout above this level could lead to a continuation of bullish momentum, targeting the next key levels.

🎯 Target 2 - $1.10:

If the price fails to break past $1.25, we may see a pullback towards $1.10, which has been a crucial support level. This zone is crucial for bulls to defend, or else we could see deeper corrections.

🎯 Target 3 - $1.05:

In case of a sharp sell-off, $1.05 will be the final level to watch for potential support. A move below this point would suggest a shift in momentum to the downside, and traders should prepare for further declines.

🔎 Key Levels:

24h High: $1.2433

24h Low: $1.1521

Current Price: $1.16 (down 4.62%)

💡 Conclusion:

PNUT/USDT is currently facing some volatility, and traders should keep an eye on these targets for potential entries and exits. Remember, always manage your risk carefully!

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