🚨 $PNUT /USDT ALERT: Bearish Pullback in Action – Is It Time to Enter? 🚨
$PNUT has dropped 8.61% in the last 24 hours, and it's currently showing signs of a pullback. The price recently hit a low of $1.2593 and is now testing support around $1.3490. Let’s break down the key levels to watch for this potential reversal.
📉 Critical Levels to Watch:
Resistance: $1.3967 – Watch for a breakout here. A strong push above this level could lead to further upside momentum.
Support: $1.2593 – If price tests this support again, a potential bounce could send it back toward resistance. However, any breach here could signal further downside.
Target 1: $1.3854 – Immediate short-term target if the price regains momentum.
Target 2: $1.3967 – Watch for a breakout above this for further upside.
Target 3: $1.4320 – Key bullish target if the price continues its recovery.
🚀 What’s Next?
If the price rebounds from current levels, expect a strong move back towards $1.3854, potentially testing $1.3967.
If it breaks through $1.2593, prepare for a further downside toward $1.2396 or lower.
This is a critical moment for $PNUT —stay vigilant and manage your risk carefully!
