🚨 $PNUT /USDT UPDATE: Bounce Back or More Downside? WATCH CLOSELY! 🚨

$PNUT is currently trading at $1.06, reflecting a 1.27% decline in the last 24 hours. After testing a low of $1.0137, $PNUT is showing signs of potential recovery, but the market remains at a critical decision point.

Key Levels to Monitor:

1️⃣ Target 1: $1.12 – A quick recovery to this level could signal bullish momentum.

2️⃣ Target 2: $1.20 – Breaking past this resistance would confirm upward momentum.

3️⃣ Target 3: $1.25 – A stretch target that could attract aggressive buyers.

💡 Support Zone: $1.00 – A breakdown below this level could trigger further downside pressure.

⚠️ Market Outlook:

PNUT is at a crossroads with high volatility. Bulls need to reclaim momentum above $1.10 to maintain a positive outlook, while bears might dominate if the price breaks below the critical support at $1.00.

📊 Strategy Suggestion:

Monitor closely for a breakout or breakdown near these levels. Tight risk management is advised given the current market conditions.

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