$PNUT

🚀 PNUT/USDT Analysis: Ready for Takeoff?

The PNUT/USDT chart is flashing bullish signals! Currently trading at $0.7523, the price has shown a powerful recovery from the $0.6500 support zone, breaking past key levels with strong momentum. Buyers are in control, pushing the market higher with an impressive +10.29% 24-hour gain.

Key Levels to Watch:

🔑 Support:

$0.7000: A crucial area where buyers stepped in during recent consolidation.

$0.6500: The origin of the latest rally, making it a strong safety net.

🔑 Resistance:

$0.7749: The 24-hour high, acting as the next major hurdle for bulls.

$0.8000: A psychological barrier that could attract profit-takers.

Entry Strategy:

Consider entering near $0.7200-$0.7300 on pullbacks, with stop-loss set below $0.7000. If the price breaks and holds above $0.7750, momentum traders could target the $0.8000 level or higher.

This setup offers a lucrative risk-to-reward ratio, but stay alert for sudden market shifts. Is PNUT your next breakout trade? 🌟

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