$PNUT $PNUT

🚀 PNUT/USD Analysis: Trading at $1.2525 – Key Levels to Watch 🚀

PNUT is currently priced at $1.2525, sitting between important support and resistance levels that could set the stage for a breakout. The $1.20 support remains a critical level to watch for a potential buying opportunity. A retracement to this zone could present an ideal entry point for those looking to capitalize on a rebound. On the upside, $1.30 is the key resistance level. A breakout above this could open the door for a rally towards $1.40.

📈 Entry Strategy:

For Buyers: Look for an entry near $1.20, placing a stop-loss just below support for effective risk management.

For Breakout Traders: Watch for a confirmed breakout above $1.30, signaling potential for further upside.

💡 Technical Insights:

RSI is neutral, giving room for movement in either direction.

MACD shows signs of bullish momentum, indicating upward potential.

At $1.2525, PNUT offers solid opportunities for both buyers and breakout traders. Stay alert and be ready to act as these key levels come into play! 🚀📊

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