$PNUT $PNUT

PNUT/USD at $1.1074: A Key Level for Smart Traders

The PNUT/USD pair is holding steady at $1.1074, presenting traders with a critical decision point. This level acts as a pivot between potential breakout gains and retracement risks. Here’s how to navigate it like a pro:

Support: Strong buying interest lies near $1.08 and $1.05—ideal zones for cautious entries.

Resistance: Overcoming $1.12 could unlock upward momentum, potentially targeting $1.15 or higher.

For an effective strategy:

1. Scalp Traders: Buy near support, exit near resistance for quick profits.

2. Breakout Players: Set stop orders above $1.12 to ride upward momentum or below $1.08 for bearish moves.

3. Long-Term Investors: Gradually accumulate positions around $1.08 for potential long-term growth.

Keep an eye on RSI and volume spikes to confirm trends, and remember: disciplined risk management is your greatest asset. PNUT/USD at $1.1074 isn’t just a price—it’s an opportunity waiting to be seized!

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