$PNUT /USDT: Bullish Momentum and Breakout Opportunity Ahead! 🔥💹
$PNUT is showing strong bullish momentum, currently trading at $0.7105 with a +3.71% gain in the latest session. The 30-minute chart suggests building upward strength as prices approach a key resistance level at $0.7340.
A breakout above $0.7340 could confirm a rally, setting the stage for short-term profit opportunities.
Entry Zone: $0.7105 (current level)
Target 1: $0.7340
Target 2: $0.7500
Stop-Loss: $0.7000
Watch the support zone at $0.6616 for signs of weakness. Additionally, monitor volume surges and price action in the coming sessions for confirmation of the breakout.
This setup presents a solid risk-to-reward ratio. Plan strategically and stay ahead of the market for potential gains!