$PNUT $PNUT

🌟 PNUT/USD: Technical Analysis & Trade Setup 🌟

The PNUT/USD pair is trading at $1.1142, showing signs of potential movement as it hovers near a key level. The market is gearing up for its next move, offering exciting opportunities for both bulls and bears.

📉 Key Levels to Monitor:

Support: Strong support is visible around $1.100, where buyers could step in to defend the price.

Resistance: The immediate resistance lies at $1.130, with further resistance near $1.150, a key level for a potential breakout.

🎯 Trading Strategy:

For Bulls: Look to enter near $1.100, targeting a bounce toward $1.130 and $1.150.

For Breakout Traders: A confirmed move above $1.130 could signal a rally toward $1.180, with volume confirmation.

For Bears: A breakdown below $1.100 may push the price toward $1.080, providing short-selling opportunities.

📊 Momentum Check: Volume and price action near $1.1142 are key. A surge in buying interest could propel the price higher, while low momentum might lead to consolidation.

🚀 Next Move Awaits: PNUT/USD is at a crossroads. Will it break higher or test support zones? Keep this pair on your radar and trade with a clear plan! 💹

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