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🚀 $PNUT 🤑💯🔥

/USDT Technical Analysis: Key Levels to Watch 🚀

PNUT/USDT has shown strong momentum recently, surging by +7.30% to 0.6891. As the price action continues to evolve, traders are focusing on key levels to capitalize on the current market trend. Here are the 3 Targets to watch closely:

🎯 Target 1: $0.7200

The immediate resistance level. A break above this point could lead to further upward movement toward higher levels. Watch for confirmation above this zone to take advantage of the rally.

🎯 Target 2: $0.7500

If the bullish momentum holds, the next key resistance could lie around the $0.7500 level. This marks a psychological level, and surpassing it may open the door for further gains in the short term.

🎯 Target 3: $0.7800

The final target, around $0.7800, would signify a significant breakout and potentially offer extended bullish opportunities. Keep an eye on volume and price action to confirm this move.

📉 Support Levels to Watch:

Immediate support lies at $0.6395. If the price retraces, this is a crucial level for bulls to defend. A drop below this could signal potential bearish corrections.

🔍 Volume Insight: With a 24-hour volume of 181.29M PNUT and 124.24M USDT, the current trading activity remains strong, indicating a healthy market for both long and short positions.

Stay updated and monitor these key levels for potential breakout or retracement opportunities!

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