๐ $PNUT Analysis: Key Levels to Watch! ๐
๐ Current Status:
$PNUT is showing clear levels for traders to keep an eye on as it enters a consolidation phase.
๐ ๏ธ Technical Highlights:
Strong Support: ๐ข $0.53 โ A critical level for buyers to defend.
Resistance Zone: ๐ด $2.50 โ A breakout above this level could ignite a rally.
๐ What to Expect Next:
With the market consolidating, we could see PNUT trading in a range, building momentum for the next big move.
๐ง Strategic Tips:
For Bulls: Accumulate near $0.53 and aim for a breakout above $2.50.
For Bears: Watch for rejection around the resistance zone to short.
Risk Management: Always set tight stop-losses to manage volatility.
๐ก Patience is key in the consolidation phase! Stay alert for volume surges and breakout signals. ๐ฆ
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