🚨 $PNUT ALERT: CRITICAL LEVELS IN FOCUS – WATCH CLOSELY! 🚨
PNUT is trading at 1.0337, struggling to hold above key support at 1.0300. If the price loses this level, it could drop to 1.0000 and 0.9700. On the upside, a bounce could test resistance at 1.0600 and aim for 1.0800 or 1.1250.
Trade Setup:
Long Entry: Above 1.0600, targets at 1.0800, 1.1250. Stop loss: 1.0300.
Short Entry: Below 1.0300, targets at 1.0000, 0.9700. Stop loss: 1.0600.
Next Move: Current momentum shows bearish tendencies unless strong buying pressure emerges near support levels. Stay cautious!