$PNUT

🥜 PNUT/USDT Technical Analysis: Ready for a Fresh Push? 🥜

💰 Current Price: $1.1355

PNUT is currently showing signs of consolidation, but the chart suggests an impending move. Here’s what you need to know:

📊 Support & Resistance Levels:

Support: $1.1000 – This key level has been holding strong as buyers have defended it, making it a crucial area to watch.

Resistance: $1.1500 – A breakout above this resistance could pave the way for further gains.

📈 Trend Overview:

PNUT is in a period of consolidation near the $1.1355 mark, hovering just below key resistance at $1.1500. A sustained move above this resistance could signal a strong bullish continuation, targeting $1.2000 and beyond. However, if the price drops below $1.1000, we may see a deeper pullback.

💡 Trading Strategy:

Bullish Entry: Enter above $1.1500, targeting $1.2000 and $1.2500. Look for strong volume to confirm the breakout.

Bearish Entry: Short below $1.1000, with downside targets at $1.0500 and $1.0000.

⚡ Pro Tip: Always watch the volume—spikes at support or resistance levels can signal that a breakout or breakdown is imminent.

PNUT is setting up for a potential move. Will the bulls push past resistance, or will the bears take control? Stay alert and ready to act! 🚀

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