$PNUT /USDT READY TO CRACK THE NEXT MOVE – WILL IT SOAR OR DIP?
$PNUT /USDT is trading at 1.8451 on the 4-hour chart, currently consolidating after a strong upward rally....
The price is holding above the support level of 1.8000, with a key resistance at 2.0000. A breakout above this resistance could ignite fresh bullish momentum, with targets at 1.9500, 2.0500, and 2.1000. Conversely, a drop below support may lead to a pullback.
A long entry above 1.8500 could provide a strategic opportunity, with a stop-loss set at 1.7500 to minimize risk. The RSI at 56.62 indicates neutral momentum, hinting at potential upside if buying pressure builds.
Stay alert for significant moves as PNUT approaches these critical levels....