$PNUT

/USDT Technical Analysis 🎯

The PNUT/USDT trading pair is experiencing significant volatility, providing an interesting opportunity for traders. Let's dive into the analysis and potential targets!

Current Price: $1.2350

24h Change: -5.20%

Key Observations:

24h High: $1.3232

24h Low: $1.0414

Volume: 485.76M PNUT ($571.52M USDT)

Targets for PNUT/USDT

1️⃣ Target 1: $1.2850

A short-term resistance zone. Breaking this level with strong volume may signal a reversal for scalpers.

2️⃣ Target 2: $1.3500

Mid-range resistance. If the momentum continues, this is a likely area to test. Watch for profit-taking and reduced buying pressure here.

3️⃣ Target 3: $1.5000

A psychological and technical level. If PNUT gains strong bullish traction, this level could act as a magnet, attracting traders aiming for higher gains.

Trading Tips:

Support Levels: Keep an eye on $1.0414, which is the 24h low and may act as a strong support zone.

Risk Management: With volatility this high, set stop-loss levels carefully.

What’s your strategy for PNUT? Ride the trend or wait for confirmation? Let’s discuss in the comments! 🚀

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