$PNUT $PNUT

📈 PNUT/USDT Trading Analysis – Catching the Momentum with PNUT! 🌟

PNUT is currently trading at $1.1691, showing a promising setup as it hovers around key technical levels. Here’s the breakdown for traders:

🔹 Support & Resistance:

PNUT has established a solid support at $1.1000. This level has held strong, indicating buyers are active here. On the upside, resistance is seen around $1.2000. A breakout above this could lead to an upward push toward $1.2500, creating room for further gains.

🔸 Entry Strategy:

A potential buy entry near the support level of $1.1000 could offer a favorable risk-to-reward setup. Alternatively, for those who prefer momentum trades, consider entering on a confirmed break above $1.2000 with increasing volume.

⚠️ Risk Management:

As always, be mindful of volatility. Using stop-losses near $1.0800 can help protect against unexpected dips, allowing for a disciplined trading approach.

Stay tuned for potential moves in PNUT – it’s a setup worth watching! 🚀

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