$PNUT

/USDT Technical Analysis & Trade Signals

Current Price: $1.1865 (down -6.91% in 24h)

Trend: Bearish, recent price drop from $1.3679.

Key Levels:

Support: $1.1762 (24h low)

Resistance: $1.3679 (24h high)

Indicators:

Price: Below short-term MAs, indicating bearish momentum.

Volume: High volume (228.5M PNUT), showing active trading.

Trade Signals:

1. Entry: Buy near $1.1762 (support level).

2. Target 1: $1.1865 (current price as first resistance).

3. Target 2: $1.3689 (next resistance).

4. Target 3: $1.5669 (higher resistance).

Stop-Loss: Below $1.1762.

Momentum: Bearish, with potential for reversal. Watch for support bounce and volume confirmation.

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