$PNUT /USDT: BULLISH MOMENTUM ON THE RISE! 🚀📈
The PNUT/USDT pair is currently trading at 0.6900 USDT, with a remarkable 7.04% increase in the last 24 hours. The 24-hour high is 0.7217 USDT, while the low is 0.6249 USDT. The trading volume for PNUT stands at 195.92 million, and for USDT, it is 132.07 million.
The chart shows a strong bullish trend with the price breaking through key resistance levels. The highlighted support level around 0.6800 USDT provides a solid foundation for the upward movement towards the next target at 0.7200 USDT.
Trade Scenarios:
- Long Position: Enter at the current price of 0.6900 USDT.
- Take Profit (TP): 0.7200 USDT 💸
- Stop Loss (SL): 0.6700 USDT ❌
- Short Position: If the price drops below the support level at 0.6800 USDT.
- Take Profit (TP): 0.6600 USDT 💰
- Stop Loss (SL): 0.7000 USDT 🔴
Market Outlook: The overall sentiment for PNUT/USDT remains highly positive, with the potential for further gains if the bullish momentum continues. Traders should keep an eye on key resistance levels and be prepared for possible consolidation or pullbacks. 🧐
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