$PNUT $PNUT

PNUT/USDT: A Meme Token on a Tear!

PNUT/USDT is currently trading at $1.7133, up a whopping 265.93% in the last 24 hours! This meme token has been on a wild ride, and let's dive into the chart to see where it might be headed next.

Key Levels to Watch:

* Support: $0.8856 and $1.1941 (These levels could provide buying opportunities if the price dips.)

* Resistance: $1.8598 and $1.9086 (Breaking these levels could signal further upside potential.)

Potential Strategy:

For a conservative approach, we could wait for a slight pullback to the $1.50 - $1.60 range. If the price finds support at these levels, a bullish breakout towards the $1.8598 resistance could be on the cards. However, it's important to remember that meme tokens are highly volatile, and the price could swing wildly in either direction.

Disclaimer: This is not financial advice. Always do your own research before making any investment decisions.

What are your thoughts on PNUT/USDT? Do you see further upside potential for this meme token? Share your analysis in the comments below!

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