$PNUT $PNUT

🌟 PNUT/USD Analysis: Positioned for Action at $1.2866 🥜💹

PNUT is trading at $1.2866, presenting exciting opportunities for traders. The market is forming strong technical zones that could pave the way for profitable moves.

🔹 Support: The key support lies at $1.25, a critical level where buyers have shown strength. If the price dips here, it could signal an excellent buying opportunity, offering a low-risk entry point for a potential rebound.

🔹 Resistance: On the upside, $1.30 stands as the next barrier. A breakout above this level would signal bullish momentum, potentially driving the price towards $1.35 or even higher.

🎯 Entry Strategy:

Buyers: Enter near $1.25 with a stop-loss just below support for smart risk management.

Breakout Traders: Watch for a solid move above $1.30 for an ideal entry targeting $1.35.

📊 Indicators:

RSI is neutral, leaving room for movement in either direction.

MACD suggests growing bullish momentum, favoring a potential breakout.

With PNUT trading at this pivotal level, traders should stay alert for opportunities to ride the trend. Whether you’re buying the dip or trading the breakout, this setup is one to watch closely! 🚀📈

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