🚨 $PNUT /USDT Trading Signal 🚨
Market Overview: $PNUT /USDT is showing a decline with bearish momentum on the 4-hour chart. The price is currently trading at $1.0023, marking a 5.38% drop.
Key levels to watch:
Support: $0.9533
Resistance: $1.0678
🔑 Signal:
Entry: $1.0020 - $0.9850
Take Profit Targets:
1. $1.0200
2. $1.0500
3. $1.0670
Stop Loss: $0.9300
⚠️ Caution:
The Relative Strength Index (RSI: 26.45) indicates an oversold zone, suggesting a potential short-term rebound. Monitor for volume spikes and bullish candlestick patterns for confirmation.
