๐ $PNUT /USDT: A Meme Coin on the Move! ๐
$PNUT is showing impressive momentum, currently trading at $0.7020, up +14.11% in the last 24 hours. With strong trading activity, the price hit a high of $0.7889 before consolidating.
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๐ Market Highlights:
24-Hour High: $0.7889
24-Hour Low: $0.6039
Volume: 436.77M PNUT with $314.67M in USDT traded, reflecting intense market interest.
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๐ Trade Setup:
Support: $0.6591 โ Key level for maintaining bullish momentum.
Resistance: $0.7287 โ Watch for a breakout to revisit the $0.7889 high.
Next Move: A breakout above $0.7889 could signal a rally toward $0.8000 or higher.
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๐ก Insights:
$PNUT is a strong contender in the meme coin space, leveraging its recent surge in volume and price action. The consolidation phase offers traders an opportunity to reassess entries and targets for potential gains.
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๐ Pro Tip:
Keep an eye on $0.7000 as a psychological level. Sustained trading above this price could signal continued bullish interest. Manage your risk with stop-losses below $0.6591.