$PNUT /USDT Market Update

$PNUT , a meme coin favorite, is buzzing with activity on Binance. Here's a closer look at its performance:

Current Price

$0.6470 (-6.66%) – A notable dip, creating possible accumulation opportunities.

24h Performance

High: $0.7027 – Recent upside hints at potential bullish momentum.

Low: $0.6463 – Testing a key support zone.

Volume (PNUT): 104.00M – A surge in trading activity.

Volume (USDT): 69.77M – Strong liquidity for seamless trades.

Market Depth Insights

Resistance Levels: $1.1390, $1.1127 – Watch for a breakout towards these targets.

Support Levels: $0.9462, $0.5605 – Critical zones for stabilization.

Timeframe Overview

15m Update: $0.7533 – Short-term recovery in play.

1h Update: Trending near $0.6470 – Monitoring for reversal signals.

4h Movement: Downward pressure persists; potential support at $0.5868.

1D Insight: $0.5605 – A vital level to hold for bullish continuity.

Target Zones

If PNUT reclaims $0.7027, it may push toward $0.9462.

Failure to hold $0.6463 support could test deeper levels near $0.5605.

🚀 Trading Takeaway

PNUT’s high volume and volatile nature present opportunities for both short-term scalpers and long-term believers. Keep a close eye on resistance and support levels to navigate its next move!

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