🚀 $PNUT

/USDT Technical Analysis 🚀

The price of PNUT/USDT is showing strong momentum as it trades around 1.2595 USDT, reflecting a 7.54% price increase in the last 24 hours. Let's break down the key levels and targets for the upcoming price action:

🔴 Target 1: 1.2761 USDT

PNUT has recently tested its 24h high at 1.2761, and this could be a crucial resistance level. A breakout above this level would open the door for further gains, with potential to move towards the next key target.

🟠 Target 2: 1.20 USDT

As the price has already shown a significant rise, we could see a minor retracement to the 1.20 level, where support may be found. This level could offer a solid buying opportunity for those looking for a more conservative entry.

🟢 Target 3: 1.0668 USDT

In case of a deeper pullback, the 1.0668 level, marked as the 24h low, could act as a strong support zone. Watching this level for a potential bounce would provide a valuable insight into the overall market sentiment.

📊 Market Insights:

24h Volume (PNUT): 324.19M

24h Volume (USDT): 375.46M

Current Price: 1.2595 USDT (+7.54%)

Keep an eye on these levels and stay updated on market movements. PNUT/USDT has been quite volatile, so act wisely and manage your risk.

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