$PNUT 🤑💰🔥🔥🔥

/USDT Technical Analysis

The spotlight is on PNUT/USDT, showing strong momentum and positioning itself as a meme-driven gainer. Here's the breakdown:

Current Price: $0.7048 (+12.14%)

Targets:

1️⃣ $0.7400 – First resistance level; achieving this could confirm an upward trend continuation.

2️⃣ $0.7800 – A medium-term target fueled by bullish momentum; traders may expect profit-taking here.

3️⃣ $0.8000+ – A breakout zone; surpassing this level could spark significant interest and price exploration.

Support Levels:

$0.7000 – Short-term support to watch closely.

$0.6800 – A critical fallback level if momentum slows.

Indicators & Strategy:

A 12.14% daily gain highlights strong buying interest.

Volume spikes to 216.52M PNUT confirm market participation.

Watch for pullbacks as opportunities to buy near support zones.

Actionable Tip: Keep an eye on price action near $0.7400 and watch for volume shifts as PNUT tests new highs. Are you riding the wave?