🚀 $PNUT /USDT: TESTING KEY LEVELS – BREAKOUT OR PULLBACK AHEAD? ⚡
The $PNUT/USDT pair is currently trading at 0.6236, near crucial support and resistance levels. Traders should stay alert as the market is on the brink of a potential move in either direction.
📊 Trade Scenarios:
Entry Point: 0.6236
Take Profit (TP) 1: 0.6400
Take Profit (TP) 2: 0.6550
Take Profit (TP 3): 0.6700
Stop Loss (SL): 0.6100
Support is holding at 0.6100, while resistance is at 0.6400. A breakout above 0.6400 could push the price toward 0.6550 and 0.6700. On the downside, a drop below 0.6100 could indicate bearish momentum.
📉 Market Outlook:
PNUT is consolidating near support at 0.6100. If this level holds, the price may rise toward 0.6400 and higher. However, failure to hold support could lead to further downside, so traders should monitor these levels carefully.
🔥 What’s your outlook on PNUT? Share your thoughts in the comments! Don’t forget to like, follow, and stay tuned for more insights. 📈💬
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