🚨 $PNUT /USDT ALERT: Rebound or Breakdown? Key Levels in Focus! 🚨

$PNUT is currently trading at $1.1776, showing a -1.54% dip after retracing from a 24-hour high of $1.4169. The market appears to be stabilizing as buyers re-enter at lower levels.

💡 Key Levels to Watch:

Resistance: $1.2500 – Breaking this could push PNUT toward its next bullish targets.

Immediate Support: $1.1127 – Holding this level is crucial to prevent further downside.

🎯 Targets for Bulls:

1. $1.3000

2. $1.3500

3. $1.4100

⚠️ Bearish Scenario: If $PNUT fails to hold the $1.1127 support, a drop to $1.0500 could be on the cards.

📊 Market Insights:

Strong volume and a wide trading range indicate active participation from both buyers and sellers.

Watch for the MA(7) crossing above the MA(25) for early signs of a bullish reversal.

📢 Trade Wisely: The next move could define PNUT's direction for the short term. Stay alert and manage risk as volatility persists.

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