$PNUT

📊 PNUT/USDT Analysis: What’s Next at $0.7696? 📊

PNUT is trading at $0.7696, sitting at a pivotal level where the market could see significant action. With price momentum building, traders should focus on key support and resistance zones to capitalize on opportunities.

💡 Support & Resistance Levels:

Support: Immediate support is at $0.7500, a level where bulls may step in to prevent further downside. A break below this could open the door to $0.7200.

Resistance: On the upside, resistance lies at $0.8000, a psychological level. A breakout above this could push PNUT toward $0.8500.

đŸ’Œ Entry Strategy:

For Long Positions: Enter near $0.7500 if support holds, targeting $0.8000 and beyond.

For Short Positions: Look for rejection near $0.8000 for a short setup, with a stop-loss slightly above this level.

🧠 Pro Tip: Use momentum indicators like RSI or Bollinger Bands to confirm trends before taking positions. Increased volume near these levels could signal the next big move.

🚀 Will PNUT push above $0.8000 or test lower supports first? Share your thoughts and strategies in the comments below! 📈

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