$PNUT $PNUT

🍩 PNUT/USD Analysis: Time for a Sweet Breakout? 🚀🍯

PNUT is currently trading at $1.2191, navigating a crucial zone that could signal the start of a significant move. With the market holding steady, this could be the perfect opportunity for traders to capitalize on the next potential breakout or pullback.

📊 Key Levels to Watch:

Support: Strong support lies at $1.1800, where buyers have previously stepped in to defend the price.

Resistance: The immediate resistance is at $1.2500—a break above this level could propel PNUT towards $1.3000.

🎯 Trading Strategy:

For Bulls: Enter above $1.2500 with confirmation, targeting $1.3000 for a solid gain.

For Bears: If the price falls below $1.1800, consider shorting with a target near $1.1500.

🔥 Market Outlook: PNUT’s steady price action hints at a potential breakout, especially with strong support holding at lower levels. Keep your eyes on the $1.2500 resistance—if it breaks, the next leg up could be in motion! Stay ready for this tasty opportunity! 🍩📈

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