#ChristmasMarketAnalysis
$PNUT/USDT
#PNUTindicates a potential bullish opportunity after breaking the falling wedge pattern. Current price is 0.6760, and the best buying zone is identified after a breakout above 1.6034, which is a critical resistance level
Target: 3.0491 (300% upside potential).
Wait for a confirmed breakout above 1.6034 before entering long trades. Placing a stop loss below 0.5516 ensures effective risk management while targeting a potential upside towards 3.0491.
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