šØ $PNUT ALERT: Enter Now at $1.2985 ā Breakout Incoming! šØ
$PNUT is currently trading at $1.2985, up by 3.39% today. With recent price action showing a strong upward move, PNUT is preparing for a potential breakout. Let's examine the key levels and targets.
Key Levels to Watch:
š” Resistance: $1.3376 ā This is the key resistance level. If PNUT breaks above this, it could trigger a strong rally, pushing the price higher.
š Support: $1.2800 ā If the price holds above this level, the bullish momentum can continue. A break below $1.2800 would suggest a potential pullback towards lower levels.
š Target 1: $1.3100 ā The first resistance level to aim for as the price approaches the breakout zone.
šÆ Target 2: $1.3200 ā If the rally continues, expect $PNUT to test this level.
š„ Target 3: $1.3400 ā The next major resistance point, where the price could face more significant selling pressure.
Trade Setup:
Long Entry: Above $1.2985, targeting $1.3100, $1.3200, and $1.3400 with a stop loss below $1.2800.
Short Entry: If PNUT drops below $1.2800, look for potential targets at $1.2600 and lower levels.
š” Volatility Alert: The market is active, and with a breakout above $1.3376, PNUT could push toward new highs. Watch closely for key levels!