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๐ค๐ฐAlert for biggest chance
$PNUT ๐ฅ๐ฅ๐ฅ
/USDT Technical Analysis & Price Action ๐
The price of PNUT/USDT has been experiencing notable volatility recently, currently sitting at 0.6982 USDT, down by 15.79% in the last 24 hours. Despite this drop, key price levels and potential support zones are still in play, offering opportunities for traders.
Key Levels to Watch ๐ฏ:
1. Support Level 1: 0.6377 USDT
This is the recent 24h low, and a key level where the price might look to stabilize. If this support holds, there could be a bounce back.
2. Resistance Level 1: 0.8366 USDT
The 24h high, acting as immediate resistance. Watch this level closely; a break above could signal a reversal and higher upside potential.
3. Mid-range Target: 0.7400 USDT
A crucial zone for short-term traders to monitor. A move toward this level could indicate a shift in market sentiment and a potential rebound if the price continues to climb.
As we monitor this pair, itโs essential to keep an eye on volume and price action around these key levels. A break below the 0.6377 level may indicate further downside, while a breakthrough above 0.8366 could set up a strong rally.
Stay informed and trade wisely!
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