$PNUT PNUT/USDT ALERT: Major Spike with 30% Gains! 🚀
Current Price: $1.2706 (+30.01%)
24H High: $1.4037
24H Low: $0.9533
The meme token PNUT has experienced a meteoric rise, surging over 30% in just 24 hours. High trading volumes of $416.83M indicate strong market interest, making PNUT a standout performer today.
Key Levels to Watch:
Resistance: $1.40 – Breaking above this level could fuel the next leg up.
Support: $1.15 – Holding above this zone is crucial to maintain the bullish momentum.
Short-Term Targets:
1. $1.35 – Immediate resistance to test before another breakout.
2. $1.50 – Mid-level target as momentum strengthens.
3. $1.70 – Long-term bullish target if volume sustains.
Analysis:
The token's rapid climb is driven by a mix of high demand and speculative buying. However, the recent pullback from the $1.40 high suggests some profit-taking. Watch for consolidation around $1.20–$1.30 for potential re-entry.
⚠️ Note: Extreme volatility expected; trade with caution and set stop-loss orders to protect gains.