$PNUT

🚀 PNUT/USD: Ready for a Breakout or Pullback?

Currently trading at $0.7006, PNUT/USD is showing signs of potential volatility, and traders should stay alert for the next move!

Key Levels to Watch: 🔹 Support: $0.6750 – A strong support zone where buyers have stepped in previously, offering an opportunity for those looking to enter at a lower price. 🔹 Resistance: $0.7250 – If the price breaks above this resistance level with strong volume, it could trigger a bullish rally towards $0.7500 and beyond.

Entry Strategy: 🔹 For Bulls: Look for a breakout above $0.7250 with confirmation, targeting $0.7500 as the next resistance zone. 🔹 For Bears: A drop below $0.6750 could provide short opportunities, aiming for the next support at $0.6500.

Market Insights: With the RSI sitting in neutral territory, the market could break either way. Pay attention to volume spikes around key levels for early signs of momentum shifts.

Pro Tip: Watch for confirmation on volume to validate the breakout or breakdown for a more informed entry!

📊 PNUT/USD is poised for action—be sure to manage your risk and watch these key levels closely as the market develops!

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