🚨 $PNUT ALERT: Preparing for the Next Move – Key Levels to Watch! 🚨
$PNUT is currently trading at $1.3836, up 5.53% over the last 24 hours. The price is consolidating, and key levels indicate the potential for a breakout or further retracement.
📊 Key Levels to Watch:
1️⃣ Resistance at $1.4500: A breakout above this level could trigger bullish momentum.
2️⃣ Support at $1.3500: Holding this level is essential to avoid further downside pressure.
🎯 Three Potential Targets:
Upside Targets:
Target 1: $1.4500 – Immediate resistance that could push PNUT higher if broken.
Target 2: $1.5000 – Sustained bullish activity may lead to this next level.
Target 3: $1.5500 – A significant milestone confirming strong upward momentum.
Downside Risk:
A break below $1.3500 could see PNUT testing $1.3000, with potential further declines to $1.2500.
⚠️ Trade Setup:
Long Entry: Above $1.4500, targeting $1.5000 and $1.5500, with a stop-loss at $1.3500.
Short Entry: Below $1.3500, aiming for $1.3000 and $1.2500, with a stop-loss at $1.4500.
PNUT is at a pivotal stage—closely monitor these levels for potential breakout opportunities!
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