🚹 $PNUT Surges 11.83% – Key Levels to Watch! 🚹

Peanut ($PNUT ) is trading at $1.2940, up 11.83% in the last 4 hours. After hitting a 24-hour high of $1.4750, PNUT is showing consolidation, suggesting potential for either further bullish momentum or a short-term retracement.

Key Levels to Watch:

Immediate Support: $1.1504

This level is critical to hold. A drop below could lead to further downside pressure.

Major Resistance: $1.4750

A breakout above this level could reignite the rally and target higher milestones.

Three Targets for Traders:

1. Target 1: $1.5000 – Immediate resistance and a psychological level for profit-taking.

2. Target 2: $1.6000 – A significant zone indicating sustained bullish momentum.

3. Target 3: $1.7500 – A major milestone for extended bullish trends.

Trade Setup:

Long Entry: Above $1.4750, targeting $1.5000, $1.6000, and $1.7500.

Short Entry: Below $1.1504, targeting $1.1000 and $1.0477.

Stop Loss: Place at $1.2500 to manage risk effectively.

PNUT’s sharp movement is creating excellent trading opportunities. Monitor these levels closely for the next big move!

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