$PNUT
/USDT: Sharp rise signals momentum – a look at breakout levels...
$PNUT /USDT has seen strong growth, rising to $0.6942 with an increase of +10.49% over the last 24 hours. The price bounced off a low of $0.5852, making a sharp upward movement with a significant volume of 114.85M PNUT, reflecting increased trader activity. Currently testing the 24-hour high of $0.6977, PNUT shows potential for further growth if this resistance is broken.
Trading Setup and Key Levels
Long Trade:
Entry: $0.6950
Target 1: $0.7200
Target 2: $0.7400
Target 3: $0.7700
Stop-Loss: $0.6700
Short Trade:
Entry: $0.6900
Target 1: $0.6600
Target 2: $0.6300
Target 3: $0.6000
Stop-Loss: $0.7100
Watch for resistance at $0.6977 for confirmation of the breakout; sustained momentum above this level could lead prices to the target of $0.7700. However, if prices fall below $0.6700, a correction may intensify toward lower support levels. Be cautious as volatility remains high..
