$PNUT /USDT Technical Analysis 🚀
Current Price: PNUT/USDT is trading at $0.6998, up +2.25% in the last 24 hours. The recent rally indicates strong buying momentum, with potential for further upside.
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Next Potential Targets:
1. Target 1: $0.7200 - Immediate resistance and a short-term breakout level.
2. Target 2: $0.7500 - A key resistance zone for continuation traders.
3. Target 3: $0.8000 - Long-term resistance and a crucial psychological level.
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Strategy
Secure partial profits near $0.7200 to lock in gains from the recent move.
Adjust your stop loss to $0.6800 to minimize risks.
Monitor for a breakout above $0.7500 to capitalize on the trend toward $0.8000.
📊 Volume and bullish price action suggest further gains are likely if key resistances are cleared.