$PNUT

/USDT Technical Analysis: Bullish Momentum Unfolding 🚀

PNUT/USDT has been on an upward trajectory, currently sitting at $1.3178, reflecting a strong 22.15% gain over the last 24 hours. As we look ahead, the chart presents some key levels to watch for potential price targets. Here's a breakdown:

1. Target 1: $1.35 🎯

A critical resistance level. If PNUT continues its bullish momentum, breaking this point could signal further upside potential.

2. Target 2: $1.40 🎯

A key psychological level. If price action holds above $1.35, expect $1.40 to be the next major hurdle for bulls. The volume is showing signs of strength, supporting the bullish outlook.

3. Target 3: $1.50 🎯

This is the longer-term target, dependent on sustained volume and price action breaking past immediate resistance levels. A push to $1.50 would confirm a more robust uptrend.

📊 Price Action & Volume:

24h High: $1.3479

24h Low: $1.0652

Volume: 478.52M USDT in the past 24 hours, showing strong trader interest.

💡 Key Insight: Watch for price consolidations above $1.30 to potentially lead to a breakout toward higher targets. Be cautious of pullbacks as well—support at $1.25 and $1.20 could provide opportunities to enter at better prices.

Stay tuned for further updates! 🚨