$PNUT

šŸš€ PNUT/USDT Technical Analysis: Watch for Breakout Opportunities! šŸ”„

PNUT/USDT is currently trading at $1.2098, showing some promising price action. Letā€™s dive into the key technical levels and strategies for this pair:

šŸ“‰ Support Zone:

The key support level is at $1.1800, where price has recently found stability. A bounce from this level could trigger a bullish move towards higher levels.

šŸ“ˆ Resistance Levels:

Immediate resistance lies at $1.2500. A successful breakout above this could push PNUT towards $1.3000, the next significant target.

šŸ’” Entry Strategy:

For Buyers: Consider entering near $1.1800, with a stop-loss below $1.1600. First target: $1.2500, second target: $1.3000.

For Sellers: If PNUT faces rejection at $1.2500, shorting positions can be considered, targeting support at $1.1800.

āš ļø Pro Tip: Look for confirmation of breakouts or price reversals to optimize your entry points. Stay disciplined and use stop-loss orders to manage risk effectively.

šŸ”„ **PNUT shows strong potentialā€”will you catch the

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