$PNUT

/USDT Technical Analysis & Trade Signal🎯🎯🚀🚀🚀

Current Price: 0.7486 USDT (+9.03% in the last 24h)

Technical Indicators:

RSI (Relative Strength Index): Suggests bullish momentum as it’s currently showing signs of an overbought market, but with potential room for growth before a correction.

MACD (Moving Average Convergence Divergence): Indicates a potential buy signal with positive momentum and a crossover above the signal line.

Volume: Solid trading volume suggests a strong interest in the pair, supporting upward price movement.

Support and Resistance:

Support Levels: 0.7120, 0.6795

Resistance Levels: 0.7723, 0.7768

Trade Signal:

Buy Zone: Ideal to enter near 0.7486–0.75 USDT.

Stop-Loss: Below 0.71 USDT (keep risk manageable).

Target Levels:

Target 1: 0.7723 (Immediate resistance)

Target 2: 0.7768 (Key resistance level)

Target 3: 0.80 (Higher resistance, psychological level)

Trade Momentum:

Current price action shows bullish momentum with an upward trend in the short-term. If the price sustains above 0.75, it can head toward the next resistance levels.

This signal suggests a short-term bullish trade with potential for moderate upside while being cautious of price corrections. Always consider risk management strategies like setting stop-loss orders.

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