PNUT Impact Key Points, Daily Market Welcomes Signs of Explosion!

PNUT's current price is $1.1634, with overall fluctuations being relatively stable throughout the day, but both bulls and bears are battling at a key position. The important resistance at $1.1800, if effectively broken, will open up further upward space; the short-term support at $1.1500, if broken, may trigger a pullback.

From a technical perspective, the MACD indicator for PNUT shows that bullish momentum has strengthened, but insufficient trading volume is the main limiting factor for short-term price increases. The RSI is around 56, still having some upward space, indicating a bullish market sentiment.

Technical Analysis and Key Points:

• Resistance Levels: $1.1800, $1.2000

• Support Levels: $1.1500, $1.1300

The current price is close to the upper limit of the oscillation range, a breakout may lead to further increases; however, if it encounters resistance and falls back, attention should be paid to the strength of support below.

1. Long Strategy:

• Entry Price: $1.1700 (enter after breaking resistance)

• Take Profit Price: $1.1900

• Stop Loss Price: $1.1600

• Leverage Suggestion: 3-5 times

2. Short Strategy:

• Entry Price: $1.1490 (enter after breaking support)

• Take Profit Price: $1.1300

• Stop Loss Price: $1.1550

• Leverage Suggestion: 3-5 times

PNUT may welcome a directional choice today; if it breaks above $1.1800, bullish sentiment may quickly push the price up to $1.2000; if it breaks below $1.1500, it may further test the support level at $1.1300. Investors are advised to closely monitor changes at key points and adjust their operational strategies flexibly! $PNUT