🚨 $PNUT /USDT ALERT: Consolidating at $1.61 – Big Move Expected! 🚀
$PNUT is currently trading at $1.61, up 0.36%, with a 24-hour high of $1.87 and low of $1.50. After a significant pullback, $PNUT appears to be stabilizing, presenting an opportunity for traders to anticipate the next big move.
Key Targets to Watch:
📈 Target 1: $1.70 – Immediate resistance; a breakout here could indicate renewed bullish momentum.
📈 Target 2: $1.85 – A retest of the recent high, likely to attract further buying interest.
📈 Target 3: $1.95 – A strong bullish rally could push prices to this critical level.
Support Levels:
📉 Key Support: $1.50 – Maintaining above this zone is crucial for sustaining positive sentiment.
💡 Analysis:
The 7MA at $1.69 indicates short-term bearish momentum but hints at a possible reversal.
Volume suggests traders are closely watching this range, preparing for potential volatility.
⚠️ Caution: Keep stop-losses tight below $1.50 to manage downside risks effectively.
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