$PNUT $PNUT
PNUT/USDT Market Insight: Searching for Stability
PNUT is trading at $0.7823, showing bearish momentum as it tests critical levels.
Support Level: $0.7600
Resistance Level: $0.8100
Market Outlook: Selling pressure persists, but watch for a potential bounce at the support zone.
Entry Strategy:
Consider a long position near $0.7650 with targets at $0.8100.
A stop-loss at $0.7500 is recommended to manage downside risks.
PNUT's price action reflects market caution. Keep an eye on volume shifts, as a breakout above resistance could trigger renewed buying interest. Patience and proper risk management are key!
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