🚀 $PNUT /USDT: TESTING KEY LEVELS – BREAKOUT OR PULLBACK? ⚡
The $PNUT/USDT pair is currently trading at 0.5823, hovering near crucial support and resistance zones. Traders should stay alert as the market prepares for its next potential move.
📊 Trade Scenarios:
Entry Point: 0.5823
Take Profit (TP 1): 0.6000
Take Profit (TP 2): 0.6250
Take Profit (TP 3): 0.6500
Stop Loss (SL): 0.5600
Support is holding at 0.5600, while resistance is at 0.6000. A breakout above 0.6000 could push the price toward 0.6250 and 0.6500. On the downside, a drop below 0.5600 may signal further bearish movement.
📉 Market Outlook:
PNUT is testing support at 0.5600, showing bullish potential if this level holds. A breakout above 0.6000 would confirm upward momentum, while failure to hold support could lead to a retracement.
🔥 What’s your outlook on PNUT? Share your thoughts in the comments! Don’t forget to like, follow, and stay tuned for more updates. 📈💬
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