$PNUT

PNUT
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1.0026
-4.70%

📊 PNUT/USDT Technical Analysis — Is PNUT Ready for a Bullish Breakout? 🚀

PNUT is currently trading at $1.0345, showing signs of consolidation near key support and resistance levels. Here’s the breakdown:

Support Zone: $1.00–$1.02 — a solid support range where buyers have been actively defending the price, providing stability.

Resistance Levels: $1.05 is the immediate resistance. A breakout above this level could push PNUT toward $1.10–$1.15 in the short term.

🎯 Entry Strategy:

Aggressive Traders: Look for entries near $1.03 with stops below $1.00 to manage risk.

Breakout Traders: Wait for a confirmed close above $1.05 with strong volume, targeting the next resistance zones.

PNUT’s price action near support indicates possible accumulation, with a breakout above $1.05 likely to trigger bullish momentum.

Will PNUT break through resistance and surge higher? Watch these levels closely — the next move could be exciting! 🚀

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