🚨 $PNUT /USDT ALERT – BEARISH TREND IN PLAY! 🚨
$PNUT is trading at $1.1459, with a 24-hour range between $1.0668 and $1.2761, showing slight recovery but facing bearish pressure.
💡 Key Levels to Watch:
📉 Target 1: $1.1000 (Immediate Support)
📉 Target 2: $1.0500 (Critical Downside Level)
📈 Target 3: $1.2000 (Potential Bounce Back Resistance)
🔑 Market Insights:
Support Zone: $1.1000 – Holding this level is crucial to avoid a deeper drop.
Resistance Zone: $1.2000 – Breaking above could signal a reversal.
Indicators: MA(7) trending below MA(25) indicates a short-term bearish momentum.
⚠️ Risk Management: Set stop-loss at $1.0500 to manage potential downside risks.
🔥 Monitor closely as $PNUT navigates key levels – a reversal or deeper fall is imminent!