$PNUT /USDT Technical Analysis
Current Price: $0.7002 (-9.04%)
24H Range: $0.6775 - $0.7756
Volume: 238.14M PNUT
Key Insights:
The chart shows a consolidation phase with recent price fluctuations between $0.6900 and $0.7100.
A breakout from this range could indicate the next major movement.
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🎯 Targets:
1. Target 1: $0.7200
Rationale: Near resistance; likely retest zone after a breakout.
Action: Partial profit-taking suggested.
2. Target 2: $0.7500
Rationale: Alignment with the previous local high.
Action: Hold if momentum sustains above $0.7200.
3. Target 3: $0.7800
Rationale: Psychological level and 24H high zone.
Action: Full profit-taking advised.
🔑 Strategy:
Stop Loss: Place below $0.6800 (support level) to manage risk.
Trend Watch: Monitor volume spikes and RSI to confirm momentum.