Here's a concise technical analysis for the $PNUT

/USDT pair with trade signals and target levels:

Technical Analysis Summary:

Current Price: 1.1458

24h Price Range: 1.1301 - 1.2433

24h Change: -4.17%

Key Indicators:

SAR (Stop and Reverse): 1.1406 — indicating a potential support level.

MANCE: 1.1659 — showing a minor resistance level.

Moving Averages:

MA(5): 1.23M

MA(10): 984.88K — showing possible bullish trend with slight short-term correction.

Trade Signals:

1. Buy Signal: If the price moves above 1.1659, expect potential upside momentum toward the higher range of 1.2433.

2. Sell Signal: If the price falls below 1.1406 (SAR level), it could indicate a bearish trend, targeting the 1.1301 support level.

3. Neutral Signal: Consolidation between 1.1406 and 1.1659 — wait for a breakout either way.

Target Levels 🎯:

1. Target 1 (Bullish): 1.2433 (previous 24h high)

2. Target 2 (Moderate): 1.1659 (MANCE resistance)

3. Target 3 (Bearish): 1.1301 (24h low)

Momentum:

Momentum is currently slightly bearish due to the recent 4.17% drop, but there’s potential for recovery if the price breaks above 1.1659.

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