🚨 $PNUT /USDT ALERT: Consolidating Near Key Support at $1.18 – Watch Closely! 🚨
$PNUT is up by 3.75%, currently trading at $1.1844. The price has retraced from the day’s high of $1.2829, signaling a potential setup for the next decisive move.
Key Levels to Watch:
Resistance: $1.22, $1.28, $1.35 – Breaking these levels could lead to a bullish continuation.
Support: $1.17, $1.12, $1.10 – A drop below could indicate further downside pressure.
Trade Setup:
Long Entry: Above $1.22, with targets at $1.25, $1.28, and $1.35. Stop loss at $1.17.
Short Entry: Below $1.17, targeting $1.12, $1.10, and $1.05. Stop loss at $1.22.
Volume remains strong—keep an eye on the $1.17 level as it could act as a pivot for the next breakout or breakdown.