analysis post for Binance, focusing on $PNUT
/USDT with three key target levels:
🚀 PNUT/USDT Technical Analysis: Targets to Watch 🚀
PNUT/USDT is currently trading at $0.7030, with a solid 12.25% increase in the past 24 hours. As momentum builds, let’s examine the critical technical levels to track for potential price action.
📊 Key Resistance Targets:
1. $0.7300 – A key resistance level. Breaking above this could trigger further bullish movement.
2. $0.7400 – Next target for buyers to focus on. If this level holds, expect a surge in price.
3. $0.7600 – The next major resistance. A breakout past this could lead to a much stronger uptrend.
📉 Support Zone:
$0.6200 – A solid support level. If the price retraces, this zone will be crucial for the bulls to defend.
24h Range:
High: $0.7300
Low: $0.5852
With strong trading volume of 140.39M USDT, keep an eye on these levels to capture any breakout or pullback opportunities!
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This analysis provides a clear outlook on potential entry and exit points for traders, based on the resistance and support levels.
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