$PNUT

🚀 PNUT/USDT Analysis – Key Levels at $0.6390! 🔥

PNUT/USDT is currently trading at $0.6390, presenting a mix of consolidation and breakout potential. Let’s analyze the key support, resistance levels, and entry strategies to maximize trading opportunities.

🔹 Support Levels:

$0.6200 – Primary support where buyers may defend the price.

$0.6000 – Strong secondary support to watch for any dips.

🔹 Resistance Levels:

$0.6500–$0.6700 – Immediate resistance zone; a breakout above this could trigger bullish momentum.

$0.7000 – Major resistance and psychological level if buying pressure builds.

📈 Entry Strategy:

Long Entry: Buy above $0.6500, targeting $0.6700 and $0.7000, with a stop-loss at $0.6200.

Short Entry: Sell below $0.6200, aiming for $0.6000, with a stop-loss at $0.6400.

🔥 Final Thoughts:

With PNUT/USDT trading at $0.6390, the chart hints at a possible breakout above $0.6500. Bulls must overcome resistance for upward moves, while bears may aim to test lower supports. Stay alert, plan your trades, and monitor key levels closely!

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