$PNUT /USDT Trading Signal - Testing Resistance Levels!

šŸ“ˆ Current Price: $0.7639 (-0.01%)

šŸ“Š 24H Range: $0.7239 - $0.8053

šŸ”„ Volume: 126.46M PNUT

Market Insight:

The PNUT/USDT pair is consolidating near the $0.7600 resistance level. A breakout above $0.7800 could lead to a strong bullish run, while failure to break may lead to a pullback.

Long Trade Setup

Entry Zone: $0.7600 - $0.7800

Targets:

T1: $0.8000

T2: $0.8300

T3: $0.8600

Stop Loss: $0.7400

Short Trade Setup (If Rejected at Resistance)

Entry Zone: $0.7700 - $0.7800

Targets:

T1: $0.7400

T2: $0.7100

Stop Loss: $0.8000

Pro Tip: Monitor volume closely as it could signal the strength of a potential breakout. Consider partial profit-taking at initial targets to manage risk.

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