🚨 $PNUT /USDT Consolidating: Breakout or Breakdown Ahead? 🚨
PNUT is trading at 1.1586, down 1.33%, after a 24-hour high of 1.2829. The chart shows clear consolidation, suggesting a decisive move could be around the corner.
Targets to Watch:
1. 1.2000 – Immediate resistance; a breakout above could spark upward momentum.
2. 1.2800 – Key target for bullish continuation.
3. 1.3600 – Major level signaling a strong rally.
Support Levels:
Critical support at 1.1320 – A break below this could push PNUT towards 1.1000 or lower.
PNUT traders should stay alert as the price consolidates near these levels. Prepare for heightened volatility and manage risk carefully!