$PNUT /USDT Technical Analysis & Trade Signal 🎯

Current Price: 0.5364 USDT (Down 16.91%)

Key Levels to Watch:

Support: 0.5210 USDT (Recent Low)

Resistance: 0.6466 USDT (Recent High)

Trade Signal: A Potential Reversal Ahead!

Entry Point: Consider entering near 0.5364 USDT, especially if price shows signs of stabilization.

Target Levels 🎯:

1. Target 1: 0.5600 USDT (4.4% Potential Gain)

2. Target 2: 0.6000 USDT (12% Potential Gain)

3. Target 3: 0.6300 USDT (17.4% Potential Gain)

Momentum Overview:

Bearish Short-Term Trend: Price has dropped significantly, but RSI suggests the possibility of a reversal.

MACD: Currently in a bearish phase but may shift with positive buying pressure.

Volume: High, indicating active participation, and a potential bounce if support holds.

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