PNUT/USDT current trading price is 1.1579, up 1.25% in the past 24 hours, showing strong performance.

Key Data:

24-hour highest price: 1.2829

24-hour lowest price: 1.1328

24-hour trading volume (PNUT): 208.80M

24-hour trading volume (USDT): 251.90M

Technical Analysis:

Bollinger Bands (BOLL 20, 2):

- Upper Band: 1.3124

- Middle Band: 1.2150

- Lower Band: 1.1175

Support Level: 1.1108

Resistance Level: 1.3863

Trading Strategy:

Given that PNUT/USDT shows strong upward momentum and is currently near the support level, it is recommended to consider establishing a long position. The target price is set at 1.3863, with a stop-loss set at 1.1108.

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