$PNUT
/USDT – Technical Analysis & Profit Targets 🎯
PNUT has shown an impressive surge recently, recording a massive 268.29% increase. As one of the top-performing meme coins, it has caught traders' attention. Here’s a breakdown of three critical targets for PNUT:
🔹 Target 1: $1.90
This level serves as the nearest resistance zone. A breakout above $1.90 could signal further upward momentum.
🔹 Target 2: $2.25
This is a significant psychological level where selling pressure might increase. If the bullish momentum continues, PNUT could test this level.
🔹 Target 3: $2.70
This represents the ultimate high target for now. Reaching this level might trigger a potential price correction.
Key Points to Watch:
Current Support Level: $1.40
RSI Indicator: Approaching the overbought zone, suggesting caution.
24H Volume: Indicates strong liquidity in the market.
⚡ Trading Tips:
Focus on $1.90 for short-term moves.
Mid-term traders can target $2.25, while long-term holders may aim for $2.70.
Always prioritize stop-loss orders and risk management.
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