$PNUT /USDT Analysis โ€“ Key Levels to Watch ๐Ÿ”ฅ

Trading at $0.6717, PNUT/USDT is nearing critical levels that could determine its next major move. ๐Ÿš€

๐Ÿ”‘ Support Levels:

$0.6600: Immediate support where buyers have shown interest in the past.

If this level fails, watch for a potential drop to $0.6400, a significant demand zone.

๐Ÿšง Resistance Levels:

$0.6900: The first resistance level to overcome, signaling potential bullish momentum.

Beyond that, $0.7100 serves as the next target, aligning with recent highs.

๐ŸŽฏ Trading Plan:

Bullish Setup: Monitor for a rebound from the $0.6600 support with rising volume. Entry near $0.6717 could aim for targets at $0.6900 and $0.7100, with a stop-loss below $0.6550.

Bearish Setup: A breakdown below $0.6600 may indicate further weakness, with the next downside target at $0.6400.

PNUT/USDT is at a turning point, with its direction hinging on these key levels. Let the price action guide your strategy! ๐Ÿ“ˆ

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