$PNUT
đ PNUT/USDT Technical Analysis: Watch for Breakout Opportunities! đ„
PNUT/USDT is currently trading at $1.2098, showing some promising price action. Letâs dive into the key technical levels and strategies for this pair:
đ Support Zone:
The key support level is at $1.1800, where price has recently found stability. A bounce from this level could trigger a bullish move towards higher levels.
đ Resistance Levels:
Immediate resistance lies at $1.2500. A successful breakout above this could push PNUT towards $1.3000, the next significant target.
đĄ Entry Strategy:
For Buyers: Consider entering near $1.1800, with a stop-loss below $1.1600. First target: $1.2500, second target: $1.3000.
For Sellers: If PNUT faces rejection at $1.2500, shorting positions can be considered, targeting support at $1.1800.
â ïž Pro Tip: Look for confirmation of breakouts or price reversals to optimize your entry points. Stay disciplined and use stop-loss orders to manage risk effectively.
đ„ **PNUT shows strong potentialâwill you catch the
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