$PNUT
🔥USDT Technical Analysis & Trade Signal🔥💯💯
Current Price: 0.7683 USDT
24h Change: +10.23%
Key Indicators:
RSI (Relative Strength Index): Currently trending towards overbought conditions, indicating potential for a pullback.
MACD: A bullish crossover suggests upward momentum in the short term.
Support Level: 0.6840 (24h Low)
Resistance Level: 0.7723 (24h High)
Trade Signal:
Buy Range: 0.7680 - 0.7700 USDT
Target Levels:
Target 1: 0.7800 USDT (Immediate Resistance)
Target 2: 0.7900 USDT (Next Resistance Zone)
Target 3: 0.8100 USDT (Medium-Term Resistance)
Trade Momentum:
Bullish: Momentum is strong with a steady rise, confirmed by recent price increase and technical indicators like MACD.
Stop Loss: 0.7400 USDT (Below Support Level) to protect against potential downside risk.
Conclusion: Short-term bullish trend, with upward momentum toward target levels, but watch for overbought conditions for possible consolidation or retracement near resistance.
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