$PNUT
📊 PNUT/USDT Market Insights – Key Levels to Watch!
The PNUT/USDT pair is showing intriguing price action, with a current value of $1.6168, reflecting a +0.75% gain. The 24-hour high sits at $1.8740, while the low is marked at $1.5679. These levels have established critical Support and Resistance zones that every trader should watch closely.
🔑 Support Level: $1.5679 acts as a strong base where buyers have stepped in, preventing further downside.
🔑 Resistance Zone: The immediate barrier is at $1.625-$1.63, which has been tested but not yet breached.
💡 Entry Strategy:
For Buyers: Wait for a breakout above $1.63 with increased trading volume, targeting the next upside level.
For Sellers: A breakdown below $1.5679 could open doors to lower prices—watch for signs of selling pressure.
Range Players: Trade the $1.5679-$1.63 range by buying near support and selling near resistance.
🔥 The market is currently consolidating, hinting at a potential breakout soon. Stay alert, as these levels could define the next big move. Smart trades start with strong analysis—be ready!
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