$PNUT

🚀 PNUT/USDT Technical Analysis - Price at 0.8007: Key Levels & Strategy đŸ”„

Currently priced at 0.8007, PNUT/USDT is testing significant support and resistance zones that traders need to focus on. Support is holding strong around 0.75, making it a solid entry point if the price pulls back to this level. A drop below 0.75 could push the price toward 0.70, where further selling pressure may emerge.

On the upside, resistance at 0.85 is a critical hurdle. A breakout above this level could lead to a swift move toward 0.90 and possibly 1.00. With the RSI showing neutral momentum and the MACD hinting at a potential bullish crossover, the market is gearing up for a decisive move.

For a bullish strategy, look for an entry near 0.75, with a stop-loss below for protection. If the price breaks 0.85, consider scaling into positions for further upside. Watch these levels closely for your next trade opportunity! 📈

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