🚀 $PNUT /USD: EYES ON KEY LEVELS – POTENTIAL BREAKOUT AHEAD! ⚡

The $PNUT /USD pair is currently trading at $0.6102, testing important support and resistance zones. Traders should closely monitor these levels as a breakout could be in the making.

📊 Trade Scenarios:

Entry Point: $0.6102

Take Profit (TP) 1: $0.6250

Take Profit (TP) 2: $0.6400

Take Profit (TP 3): $0.6550

Stop Loss (SL): $0.5950

Support is found at $0.5950, while resistance is at $0.6250. A break above $0.6250 could lead to further upside, targeting $0.6400 and $0.6550. However, a drop below $0.5950 might indicate a bearish reversal.

📉 Market Outlook:

PNUT is testing the support at $0.5950, and if the price holds above this level, a push toward $0.6250 and higher could follow. A breakout above $0.6250 would confirm bullish momentum, while a drop below $0.5950 would suggest a bearish trend.

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