$PNUT /USDT Binance 1D Analysis š
Market Insights:
# continues to display bullish momentum, surging by 17.88% today. The price has broken past the key $0.7000 resistance, now testing $0.7248. Sustained volume above the SMA suggests increased buying interest, but the $0.7500 zone could act as the next critical resistance.
Trade Setup:
šµ Spot/Long Setup:
Entry Zone: $0.7100 - $0.7250
Targets: $0.7500 | $0.8000 | $0.8500
Stop Loss: $0.6800
š“ Short Setup:
Entry Zone: $0.7500 - $0.8000
Targets: $0.7000 | $0.6500
Stop Loss: $0.8200
Leverage:
Futures Traders: Use 5x leverage to maximize gains while maintaining controlled risk.
Next Move:
$PNUT ās ability to sustain above $0.7000 will be pivotal for further upside. Watch for a breakout above $0.7500 to confirm a continuation of the bullish trend. A drop below $0.6800, however, could signal a deeper pullback toward the $0.6500 zone.
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