🚀 $PNUT /USD: TESTING SUPPORT – BULLISH MOVEMENT POSSIBLE! ⚡
The $PNUT /USD pair is currently trading at $0.5971, holding near key support levels. Traders should monitor this price action for a potential bullish reversal or a breakout to the upside.
📊 Trade Scenarios:
Entry Point: $0.5971
Take Profit (TP) 1: $0.6100
Take Profit (TP) 2: $0.6200
Take Profit (TP) 3: $0.6350
Stop Loss (SL): $0.5850
Support is at $0.5850, while resistance is at $0.6100. A breakout above $0.6100 could open the door for gains toward $0.6200 and $0.6350. A drop below $0.5850 might indicate a bearish retracement.
📉 Market Outlook:
PNUT is testing support at $0.5850. If the price holds above this level, a move towards resistance at $0.6100 and higher levels could follow. However, a break below $0.5850 might signal a bearish trend.
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