The $PNUT /USDT 4-hour chart highlights a consolidation phase with support at 1.1500 and resistance at 1.2500, signaling potential breakout opportunities.
Long Entry: Break above 1.2500 with a stop loss at 1.2000 and targets at 1.3000 and 1.4000.
Short Entry: Break below 1.1500 with a stop loss at 1.2000 and targets at 1.0500 and 0.9500.
Traders should monitor volume and momentum for breakout confirmation. Risk management remains critical to mitigate potential losses during false moves.
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