✅UT PNUT/USDT Price Analysis: Market Set for 👉Volatility
☯️Current review:
🆕After a short pullback after intra-day rally💯, 👉$PNUT/USDT is currently trading at $0.7059. The token has increased by 15.06%, prompting strong short-term bullish sentiments. However, there are signs of stability at the current price level, indicating a possible break before any movement
Key levels for long and short trades:
Long Entry:
Consider entering a long position if the price breaks above resistance at $0.7500. Potential targets for a successful breakout price can lead to $0.8000 or $0.8500, especially in bullish scenario
Market Insights:
PNUT/USDT trading has been shown in the top price channel in recent price action, reflecting the market structure fast. The current pullback can be attributed to profit or resistance near $0.7500 mark. Buyers should monitor the verified breakout above this level to capture further upside, while sellers can search to get started…