🎯 $PNUT

/USDT Technical Analysis – Targets to Watch!

Current Price: $1.1424 (+3.01%)

24h High: $1.1697

24h Low: $1.0000

PNUT/USDT is showing an interesting price action with bullish momentum. Here's a breakdown of potential targets for traders:

1️⃣ First Target – $1.20:

The price is approaching a strong resistance level near $1.20. If PNUT breaks above this zone with solid volume, it could spark further upward momentum.

2️⃣ Second Target – $1.30:

In the event of sustained bullish activity, $1.30 emerges as the next key level. This area aligns with historical resistance and could attract significant selling pressure.

3️⃣ Third Target – $1.50:

If the rally continues, PNUT could aim for $1.50, a psychological resistance and a level that would mark a strong recovery in market sentiment.

Key Insights:

Support Level: $1.00 (critical for bulls to defend).

Indicators: RSI is approaching overbought territory, suggesting caution for short-term traders.

Volume Analysis: Increasing buy volume indicates strong interest, but keep an eye on the $1.20 level for confirmation.

🚀 Trade Wisely: Always manage your risk and monitor market conditions! Follow for more insights and live updates.

What’s your strategy for PNUT? Let’s discuss in the comments!

#BSCOnTheRise #MarketInTheGreen #EthereumAwakening? #GDPSteadyPCE2.1Down #MarketBuyOrHold?