🚨 $PNUT /USDT ALERT: Recovery or Further Decline? Watch Key Levels! 🚨
$PNUT is currently trading at $1.3818, down by 16.10%, showing signs of a potential bounce after hitting a 24-hour low of $1.2593. Let’s dive into the critical targets and trade opportunities:
💡 Key Targets to Watch: 1️⃣ Immediate Resistance: $1.4540 – A breakout above this level could confirm a short-term recovery.
2️⃣ Second Target: $1.6037 – A push toward this level would signal renewed bullish momentum.
3️⃣ Major Resistance: $1.8740 – Breaking this point could drive PNUT back into a strong uptrend.
📉 Support Levels:
Critical Support: $1.2593 – Holding above this level is crucial to prevent further declines.
Deeper Support: $1.2285 – A breakdown here could trigger more selling pressure.
🔥 Trade Setup:
Long Entry: Above $1.4500, aiming for targets at $1.6037 and $1.8740.
Short Entry: Below $1.2590, targeting $1.2285 with a stop loss at $1.3000.
With a 24-hour trading volume of 360.93M $PNUT , volatility is high. Will PNUT recover, or is more downside ahead? Stay vigilant and trade wisely!
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