$PNUT

/USDT slight Dip Pressure Momentum Update Alert 💯 💥 📈

$PNUT is facing selling pressure but could be setting up for a bounce if price holds above the support zone. Watch for key levels to confirm the next move.

Current Price: 0.7127

24h High: 0.7364

24h Low: 0.6775

24h Volume (PNUT): 230.12M

24h Volume (USDT): 161.87M

📊 Key Insights:

Trend: Bearish bias, price is below the previous high.

Volume: Moderate trading volume suggests a balanced market but lower momentum.

🚀 Bullish Setup:

Entry: Buy near 0.7100-0.7150, with a focus on reclaiming higher levels.

Targets:

1. 0.7400 (local resistance).

2. 0.7600 (next resistance level).

Stop-Loss: Below 0.6775 (support level).

📉 Bearish Setup:

Entry: Short below 0.6800.

Targets:

1. 0.6500 (key support).

2. 0.6200 (next support).

Stop-Loss: Above 0.7400.

🔑 Levels to Watch:

Resistance: 0.7400, 0.7600.

Support: 0.6775, 0.6500, 0.6200.

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