🚀 $PNUT /USD: WATCHING CRITICAL LEVELS FOR A POTENTIAL BREAKOUT! ⚡
The $PNUT /USD pair is currently trading at 0.7457, near key support and resistance levels. This setup is ripe for a potential breakout, so traders should closely monitor these zones for the next major move.
📊 Trade Scenarios:
Entry Point: 0.7457
Take Profit (TP) 1: 0.7600
Take Profit (TP) 2: 0.7800
Take Profit (TP 3): 0.8000
Stop Loss (SL): 0.7300
Support is found at 0.7300, while resistance is at 0.7600. A breakout above 0.7600 could trigger further upside, targeting 0.7800 and 0.8000. A drop below 0.7300 could indicate a bearish retracement.
📉 Market Outlook: PNUT/USD is currently testing support at 0.7300, and as long as the price holds above this level, there’s potential for a move toward 0.7600 and higher. A breakout above 0.7600 would confirm bullish momentum. If the price breaks below 0.7300, we may see further downside.
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