$PNUT

🔥 PNUT/USDT Technical Analysis: What's Next for PNUT? 🔥

The current price of PNUT/USDT stands at $0.6898, reflecting a dynamic market environment. Here’s what the technicals are telling us:

Support & Resistance Levels:

Support Zone: The key support lies around $0.6500, where buyers have historically stepped in. If the price dips, this level may act as a rebound point.

Resistance Level: Immediate resistance is seen at $0.7200. Breaking above this could trigger a rally toward higher targets, possibly $0.7500 and beyond.

Market Outlook:

Bullish Momentum: If buying pressure continues, PNUT could break resistance and sustain an upward trajectory.

Bearish Risk: A failure to hold $0.6500 could lead to further downside, testing lower support levels.

Trading Strategy:

For short-term traders, consider buying on pullbacks near $0.6500 with a target of $0.7200. Long-term investors should monitor the $0.7000 zone for a potential breakout before entering larger positions.

⚡ PNUT is showing promising potential—watch the key levels and stay ready to act! As always, use proper risk management in volatile markets. 💹

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