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PNUT's recent technical signals are noteworthy, with the Bollinger Bands continuously narrowing, and market volatility significantly decreasing. The candlestick chart is steadily rising and is approaching the midpoint, indicating strong rebound momentum. Notably, the slight upward movement of the upper band suggests that the market may be brewing a breakout, welcoming a new trend.
More critically, the MACD indicator shows strong bullish signals. A golden cross has successfully formed, with bullish momentum bars continuing to rise, and trading volume increasing simultaneously, revealing a clearer trend of capital inflow. These technical signals combined indicate a very high probability of PNUT breaking through the current resistance level in the short term, and the potential market opportunity should not be overlooked.
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