$PNUT /USDT Trading Signal - Consolidation After Rebound

Current Price: $0.7193

Key Levels:

24h High: $0.7755

24h Low: $0.6988

Observation:

$PNUT /USDT is trading near $0.7193, showing a minor decline of 0.21% in the past 24 hours. The price rebounded from its 24-hour low of $0.6988 and is consolidating. A breakout above $0.7270 could confirm bullish momentum.

Potential Strategy:

Entry Range: $0.7150 - $0.7250

Targets:

Target 1: $0.7400 (Immediate Resistance)

Target 2: $0.7600 (Partial Recovery)

Stop Loss: $0.6950

Key Insights:

A rebound above $0.7150 suggests a potential recovery, targeting $0.7400 and beyond. Increased volume near $0.7270 could support bullish continuation. Secure partial profits at Target 1 and trail stop-loss after confirmation of the upward move.

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