$PNUT
📊 PNUT/USDT Technical Analysis – Price Action Heating Up 🔥
PNUT/USDT is trading at 0.6717, approaching key levels that could spark its next big move. Let’s break it down! 🚀
🔑 Support Levels:
Immediate support is at 0.6600, a level where buyers have previously shown interest.
If this breaks, the next support to watch is 0.6400, a critical demand zone.
🚧 Resistance Levels:
The first key resistance is 0.6900—a breakout here could signal further upside.
Beyond this, 0.7100 is the next target, aligning with recent highs.
🎯 Trading Strategy:
Bullish Entry: Look for a bounce from 0.6600 support with strong volume confirmation. Entry around 0.6717 could target 0.6900 and 0.7100, with stops below 0.6550.
Bearish Scenario: A break below 0.6600 might indicate weakness, targeting 0.6400 as the next downside level.
PNUT/USDT is sitting at a decision point—whether bulls or bears take charge depends on these levels. Stay focused and let the price action lead your trade! 📈
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