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🌟The market is ever-changing, and the fluctuations in PNUT's price stir people's hearts🌟
PNUT, this dazzling new star in the cryptocurrency world, is currently priced at $1.20, but today it encountered a slight pullback of 2.62%. In the past 24 hours, it has soared to a peak of $1.276 like a roller coaster, and dipped to a trough of $1.178. Although the trading volume remains stable, the price is hovering below the short-term moving averages, filling many investors with anxiety and anticipation.
💪Support and resistance are the two lines of defense in the hearts of investors💪
On PNUT's journey, support levels serve as a solid backing, providing us with the strength to move forward. The first support level of $1.20 is like a current safe haven, giving investors a brief respite; the second support level of $1.05 is another line of defense in our hearts, and if this line is broken, investors' confidence may suffer a serious blow; while the third support level of $0.90 is our bottom line that we cannot afford to lose, as it concerns the vital interests of many investors.
The resistance levels are the stumbling blocks on PNUT's path. The first resistance level of $1.30 is like an insurmountable wall, testing PNUT's strength and the determination of investors; the second resistance level of $1.50 intimidates many investors, as if it is a peak that is hard to climb; and the third resistance level of $1.75 is the dream place in our hearts. If PNUT can successfully break through, it will surely trigger a frenzy in the cryptocurrency world.
📈Short-term trading strategies are a contest of wisdom and courage📈
In the face of PNUT's volatility, investors must remain calm and devise reasonable trading strategies. If you dream of going long, consider bravely buying near $1.20. If the price drops to $1.05, it presents a good opportunity to increase your position. But remember, if the price falls below $0.90, cutting losses is a wise move. When making profits, the first target is $1.30, followed by $1.50, and finally the coveted peak of $1.75.
If you choose the short-selling path, $1.30 is the best time for you to start selling. If the price rises to $1.50, increasing your short position may allow you to gain more. But similarly, if the price breaks through $1.75, taking a loss is your responsibility. When making profits, the first target is the solid support level of $1.20, followed by $1.05, and finally the level of $0.90, which may help you regain confidence.
🌈The future of PNUT is filled with infinite possibilities🌈
PNUT, this dazzling new star in the cryptocurrency world, may be experiencing a brief adjustment. But please believe that every pullback is for a better takeoff. If the market's trading volume increases, PNUT may challenge the peak of $1.30 again, or even soar to great heights. But similarly, if it cannot hold, we may need to temporarily retreat to the area of $1.05. Regardless, PNUT's future is full of infinite possibilities and hope. Let us look forward to PNUT soaring high and striking the clouds!
In the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with great potential, where an expected space of over 10 times is not an issue. If you want to make big money in a bull market, like and leave a message, and I will help you layout the entire bull market!