๐จ $PNUT
/USDT Technical Analysis โ Key Levels to Watch ๐จ
PNUT/USDT has shown some volatility recently, and it's crucial to keep an eye on key levels for potential trades. Here's a breakdown of the current price action and our 3 targets for the next moves:
๐ Current Price: 1.1136 USDT
24h High: 1.2830 | 24h Low: 1.0913
Price Change: -5.78%
๐ Key Targets ๐ฏ
1๏ธโฃ Target 1 โ 1.2200 USDT
If the price can stabilize and reverse at the current levels, the first target is 1.2200. This level has been a recent support and could act as resistance if the price begins to recover. Watch for signs of upward momentum here.
2๏ธโฃ Target 2 โ 1.2830 USDT
This is the 24-hour high, and if PNUT/USDT breaks through the 1.2200 resistance, it could push towards 1.2830. A strong bounce here could indicate a more substantial rally in the coming days.
3๏ธโฃ Target 3 โ 1.0913 USDT
If the bearish trend continues, the price could test the 24-hour low at 1.0913. If this level holds, it could be a good spot for potential reversal, so keep a close watch for any signs of consolidation here.
๐ก What to Watch For:
A break above 1.2200 could signal a bullish move toward 1.2830.
A dip below 1.0913 could open the door for further downside, but also watch for possible support and reversal signs.
Stay alert, and trade wisely. ๐
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