$PNUT /USDT Price Analysis: Bullish Momentum Building
$PNUT/USDT is showing promising bullish activity, trading at $0.7603 with a notable 6.82% gain over the past 24 hours. The price has surged from a low of $0.7100 to test a 24-hour high of $0.7800.
Key Levels to Watch:
Resistance: $0.7800
Support: $0.7400
Trade Setup:
Entry Point: Around $0.7603
Targets:
1. $0.7850 (short-term)
2. $0.8000 (psychological level)
3. $0.8200 (extended rally)
Risk Management:
Stop-loss: $0.7400
Watch for a confirmation of a breakout above the $0.7800 resistance, which could lead to further upside toward the $0.8000 level. The growing bullish momentum, supported by increased volume, suggests that $PNUT may continue its rally in the coming days, targeting higher levels.
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