$PNUT

/USDT Technical Analysis & Trade Signal

Current Price: $0.7483

24h Price Change: +9.75% (Bullish momentum)

Technical Indicators:

Resistance Level: $0.7723 (previous 24h high)

Support Level: $0.6775 (previous 24h low)

Momentum: Bullish, as price is trending above the $0.7423 support, indicating upward movement.

Trade Signal:

Entry: Buy near current level ($0.7483) or on a retracement to $0.7423.

Target Levels (🎯):

First Target: $0.7723 (Resistance level, likely to face short-term resistance).

Second Target: $0.7771 (Upper bound, breakout level from depth).

Third Target: $0.80 (Psychological level and potential continuation point if bullish momentum persists).

Trade Momentum:

Bullish Momentum is confirmed with price holding above the $0.7423 support and strong recent upward movement. Be cautious for potential pullbacks before hitting upper targets.

Stop Loss: Consider placing at $0.6775, just below the low of the 24h range to protect from significant loss.

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