🚨 $PNUT /USDT ALERT: Key Levels to Watch as Price Drops! 🚨

$PNUT is currently trading at $1.0749, down by 17.70% over the past 24 hours. After testing its 24-hour high of $1.3073, the price has retraced sharply, presenting potential opportunities for traders.

Critical Levels to Watch:

📉 Support Levels:

1. $1.0500 – Immediate support to hold current price levels.

2. $1.0000 – A psychological barrier and crucial level for buyers to defend.

🚧 Resistance Levels:

1. $1.1500 – Key short-term resistance to break for bullish momentum.

2. $1.2000 – Medium-term resistance critical for a trend reversal.

Trading Strategy:

Bullish Scenario: If $PNUT bounces from $1.0500, watch for targets at $1.1500, $1.2000, and $1.2500.

Bearish Scenario: A breakdown below $1.0500 could see a slide toward $1.0000, with further downside possible.

⚠️ Caution: The market is showing high volatility, so ensure proper risk management and monitor key levels closely.

Stay sharp, and capitalize on these movements wisely!

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