$PNUT /USDT TRADING SIGNAL ALERT – MAJOR MOVE INCOMING! 🚨

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The PNUT/USDT pair on the 15-minute chart has displayed a strong upward surge, currently up by 339.83% over the last 24 hours. The price has soared from a low of 0.1047 to a recent high of 0.4800, showcasing significant bullish momentum. Traders should stay vigilant as the price may either continue its climb or face a potential pullback after such a rapid rise.

Current Price: 0.4605

💡 Critical Levels to Watch:

Immediate Resistance: 0.4800 – A breakout above this level could lead to further gains and attract more buying interest.

Initial Support: 0.3612 – This level may act as a support if the price retraces.

Deeper Support: 0.2235 – A key level that may serve as a fallback in case of a strong correction.

📈 Trade Setup:

Entry Price for Long Trades: 0.4650 – Close to the current price, confirming momentum continuation.

Entry Price for Short Trades: If the price fails to hold above 0.3612, a short position could be considered.

Take-Profit Targets:

1. TP1: 0.4988 – Short-term resistance that could be the next hurdle.

2. TP2: 0.5300 – Extended bullish target on sustained momentum.

3. TP3: 0.6000 – Psychological level for an ambitious profit zone.

Stop-Loss Level: 0.3500 – Below the initial support to manage potential downside risk.

⚠️ Cautionary Note: Monitor volume closely, as sharp increases in trading volume could signal either continued bullish strength or potential exhaustion. Keep an eye on this momentum spike for potential breakout signals or reversals.