$PNUT is trading at $1.2413 on the 15-minute chart, showing a 6.30% increase in the last 24 hours. The price is approaching a resistance level at $1.25, with strong support at $1.22. Traders can consider entering at the current price, targeting $1.26, $1.27, and $1.28 for take-profits.
A stop loss is recommended at $1.20 to limit downside risk. With the RSI at 70, PNUT is entering overbought territory, suggesting a strong bullish trend, but caution is advised as a slight pullback could occur before further upward movement.