$PNUT /USDT: Momentum Heating Up – Watch Closely! 💯🔥
PNUT is currently trading at $0.7663, up +3.08%, as the bullish momentum intensifies. The 30-minute chart showcases a strong uptrend, with buyers firmly in control, pushing the price to a new intraday high.
The price is nearing a key resistance level at $0.7700. A breakout above this zone could propel PNUT toward the next target at $0.7850, providing a significant short-term trading opportunity.
Trading Plan:
• Entry Zone: $0.7660-$0.7670
• Target 1: $0.7700
• Target 2: $0.7850
• Stop-Loss: $0.7500 (below the recent support level)
Keep an eye on the price action at $0.7700 for confirmation of a breakout. Secure partial profits near Target 1, and adjust your stop-loss to breakeven to minimize risk. Stay vigilant—PNUT is primed for a potential rally!
