Technical Analysis for $PNUT
/USDT
Current Price: $0.7311
Momentum: Bullish (+20.44%)
Key Indicators
1. Moving Averages (Short-Term):
MA (5): 2,203,834.0 (Supports upward trend)
MA (10): 2,867,125.2 (Indicates strong volume interest)
2. Resistance Levels:
R1: $0.7889 (24h High)
R2: $0.8200 (Breakout Target)
3. Support Levels:
S1: $0.7111
S2: $0.5989 (24h Low)
Trade Signals
Entry Zone: $0.7200–$0.7350
Momentum: Positive, driven by high 24h volume (389.32M PNUT).
Targets 🎯
1. Target 1: $0.7889 (Short-Term)
2. Target 2: $0.8200 (Mid-Term)
3. Target 3: $0.8800 (Extended Upside)
Stop-Loss
Suggested below $0.7100 (to protect against downside risk).
Note: Trade with caution and monitor depth levels closely. High volatility in the short term is expected.
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