$PNUT $PNUT

PNUT/USD Price Update: $1.2300 - Key Support and Resistance Levels to Watch

Currently trading at $1.2300, PNUT is showing a solid position in the market, with the potential for significant moves in the near term. As a promising token, it's essential to understand the key support and resistance levels to better navigate potential price actions.

Key Levels to Watch:

Support Level: The $1.15 level serves as strong support. If PNUT retraces to this zone, it could provide a great entry point for buyers looking to capitalize on potential rebounds.

Resistance Level: On the upside, $1.30 is the immediate resistance. A breakout above this level could push PNUT towards $1.40 or higher.

Entry Strategy:

For those looking to enter, consider waiting for a bounce near support at $1.15 for a favorable risk-to-reward entry, or look for a break above resistance at $1.30 for a continuation of the bullish trend.

With strong fundamentals and market interest, PNUT has the potential for continued growth. Keep an eye on these levels to make informed trading decisions!

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