$PNUT

🥜 PNUT/USDT Technical Analysis: Big Moves Ahead? 🥜

PNUT/USDT is currently trading at $0.6644, and the chart is shaping up for a potential breakout. Here’s what traders need to know:

🔑 Key Levels to Watch:

Support: The $0.6500 level is providing a strong safety net for buyers, signaling a solid base for a bounce.

Resistance: The key barrier lies at $0.6800. Breaking above this level could open the door to $0.7000 and beyond.

📈 Trend Overview:

PNUT is showing signs of consolidation within a narrow range, suggesting that a big move may be on the horizon. Recent volume spikes indicate growing market interest.

🎯 Entry Strategy:

Bullish Play: Look for a breakout above $0.6800 with strong volume confirmation. Targets include $0.7000 and potentially $0.7300.

Bearish Play: A breakdown below $0.6500 could see the price testing $0.6300, offering opportunities for short sellers.

⚠️ Pro Tip: Use RSI to spot overbought or oversold conditions and monitor volume trends for confirmation of breakouts.

PNUT is building up for its next move, and with volatility increasing, traders should be ready to act. Stay alert—the peanut game could get cracking! 🚀

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