$PNUT /USDT Technical Analysis Tight Targets for Optimized Gains #PNUT is trading at $0.5670, recovering after a dip to $0.5210. The market is stabilizing, offering opportunities for both bulls and bears.
Bullish Scenario:
Entry: Near support at $0.5500.
Targets:
Target 1: $0.5750
Target 2: $0.5900
Stop-loss: Below $0.5400.
Bearish Scenario:
Entry: On rejection near resistance at $0.5750.
Targets:
Target 1: $0.5500
Target 2: $0.5300
Stop-loss: Above $0.5850.
Market Insight:
PNUT is hovering around critical levels, with RSI indicating mild strength. Tight targets ensure better probability and controlled risk. Watch for a breakout above $0.5750 or a retest of $0.5300 for your next move.