🚀 $PNUT
/USDT Technical Analysis – Potential Breakout Zones 🚀
Looking at the PNUT/USDT pair, the market has shown some interesting price action recently, and we might be heading towards some key levels! Let’s break it down and explore the targets 🎯.
📉 Current Price: $1.18 (down 7.43% in 24h)
Key Targets for PNUT/USDT:
1. Target 1 – $1.25 📈
Reason: The 24-hour high has been $1.1888, but a bounce back from this price could push us towards the $1.25 resistance level. Watch for a breakout here!
2. Target 2 – $1.35 📊
Reason: After a potential rally above $1.25, we may test $1.35 as the next significant resistance. Keep an eye on volume spikes to confirm this move.
3. Target 3 – $1.50 🎯
Reason: If bullish momentum continues, $1.50 could be a key level. This would mark a substantial gain from the current price and might be the target of strong buyers stepping in.
📉 Support Level: The $1.18 mark is a crucial support zone. If we break below it, watch for further drops towards $1.17 or even lower.
📊 Volume Analysis: The recent volume data suggests more consolidation before any major breakouts. 283.05M USDT in 24h trading volume shows active market participants.
🔍 Conclusion: Watch for the market’s reaction at these levels. Stay patient and informed as PNUT could be setting up for a breakout soon. 🚀
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