$PNUT

📊 PNUT/USDT Technical Analysis: Preparing for the Next Big Move

PNUT is currently trading at $0.6938, consolidating within a tight range as traders watch for the next breakout opportunity. Let’s dive into the key technicals:

💡 Support & Resistance Levels:

Immediate Support: $0.6800 – Bulls must defend this level to maintain upward potential.

Key Resistance: $0.7100 – A breakout here could spark a bullish rally toward higher targets.

🔥 Technical Outlook:

PNUT’s price action shows indecision, with buyers and sellers battling for control.

A sustained breakout above $0.7100 could lead to a test of $0.7300, while a breakdown below $0.6800 may target $0.6600.

📈 Entry Strategy:

Bullish Play: Enter above $0.7100 with targets at $0.7300–$0.7500. Set a stop-loss at $0.6950.

Bearish Play: Short below $0.6800, aiming for $0.6600–$0.6400. Stop-loss at $0.6900.

🛡️ Pro Tip: Look for a volume spike to confirm the breakout or breakdown direction. Stick to your strategy and manage risk effectively! 🚀

PNUT is at a pivotal moment—stay sharp and capitalize on the next opportunity!

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