๐ $PNUT ๐ค๐ฐ๐ฅ๐ฅ๐ฅ
/USDT Technical Analysis: Key Levels to Watch ๐
As we continue monitoring the PNUT/USDT pair, the market is showing promising price action with some significant support and resistance zones to keep in mind. Here's a breakdown of the key targets:
๐ป Target 1: $0.6377 (Support Zone)
The 24-hour low at $0.6377 acts as a strong support level. A bounce here could present a buying opportunity as the price might consolidate or reverse toward higher levels.
๐ผ Target 2: $0.6854 (Current Price)
The current price level, around $0.6854, is a critical point for trend continuation. If the price holds above this, it may signal upward momentum. Watching closely for breakout signs or pullbacks.
๐ Target 3: $0.8366 (Resistance Zone)
The 24-hour high of $0.8366 is the next major resistance level. If the price breaks above this zone, expect potential further bullish movement with higher targets in sight.
Trend Analysis:
The pair has shown some volatility in the past 24 hours, with a 17.48% drop from the previous high, making it crucial to track these levels for potential entry or exit points.
Watch for volume spikes, as they could indicate stronger momentum in either direction.
๐ก Stay updated and make informed trading decisions based on these technical levels. Happy trading!
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