$PNUT
š PNUT/USD Market Update: Key Levels in Focus!
PNUT/USD is trading at $0.6317, holding steady near key price zones. Here's the latest analysis for traders:
š Support Zone: Strong support is at $0.6200, where buyers have previously entered the market. A bounce from this level could signal renewed upward momentum.
š Resistance Level: Immediate resistance is at $0.6400. A breakout above this level could push PNUT/USD toward $0.6600 and higher.
š” Entry Strategy: For risk-conscious traders, consider buying near $0.6200, with a stop-loss below $0.6100. Breakout traders should wait for a confirmed move above $0.6400, with volume backing the move, to target $0.6600.
PNUT/USD is at an interesting pointāstay alert for the potential next move!
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