PNUT's Comeback! Strong rebound at night, breaking through the key price level of $1.06!

PNUT real-time price: $1.0611

Recently, PNUT (Peanut), as an emerging popular token, has experienced a strong upward trend, with the current price stabilizing at $1.06. With the market sentiment warming and the development potential of the PNUT project itself, investor confidence is continuously rising. PNUT's ecosystem is gradually improving, attracting more capital inflow, and future growth potential is promising.

Technical Analysis: Current Trend of PNUT

PNUT's current price is near $1.06, having broken through the previous range consolidation area. In the short term, PNUT faces two key technical points at $1.05 and $1.10. If it breaks through $1.10, it may usher in further upward movement, targeting a price level of $1.20. If the price pulls back, attention should be paid to $1.00 and $0.95 as support levels.

Support Levels:

$1.00 (short-term support level) $0.95 (strong support area)

Resistance Levels:

$1.10 (next key resistance level) $1.20 (upward target)

Short-term Contract Strategy:

Long Strategy:

Entry Point: When PNUT breaks through $1.06 and confirms stability, a long position can be considered, setting the target price at $1.10 or $1.20. Stop Loss: Set the stop loss at $1.00 to avoid sudden market pullbacks. Leverage: Recommended to use 4x leverage for greater returns after price breakthroughs.

Short Strategy:

Entry Point: If PNUT fails to break through $1.06 and shows a pullback, a short position can be considered near $1.05. Take Profit Level: Set the target price at $1.00, and exit timely if the market rebounds. Leverage: Use 3x leverage to capture short-term pullback opportunities.

PNUT is expected to break through $1.10 and welcome a strong rise!

Based on the current market performance, PNUT has significant breakout potential. If the price can stabilize above $1.06 and successfully break through $1.10, PNUT is likely to initiate a new upward trend, targeting $1.20. Investors should seize short-term volatility opportunities, use leverage wisely, manage funds well, and maximize returns. $PNUT