📊 $PNUT

/USDT Technical Analysis: Targets Ahead 🎯

PNUT is showing a volatile trend, providing potential opportunities for traders. Here’s a breakdown of the technicals:

Current Price: $1.1655 (-7.65%)

Support Level: $1.10 (Key psychological level for buyers to step in).

Resistance Levels: $1.28 (near-term resistance) and $1.35 (major breakout level).

Short-Term Targets:

1️⃣ Target 1: $1.20

This level aligns with a minor retracement and acts as the first take-profit zone for scalpers.

2️⃣ Target 2: $1.28

A break above this resistance could signal stronger bullish momentum. Look for increased volume to confirm the move.

3️⃣ Target 3: $1.35

A significant resistance level. If PNUT crosses this point, it could lead to a trend reversal.

Indicators to Watch:

RSI: Currently oversold, suggesting a potential bounce.

Volume: Increasing activity hints at a decisive move ahead.

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