$PNUT $PNUT

$PNUT / USD Analysis – Current Price: 2.0963

As pnut trades at 2.0963, key support and resistance levels create a strategic entry opportunity for traders. The primary support at 2.0000 serves as a critical safety net; if this level holds, it could signal a rebound. Conversely, the resistance at 2.1500 is the immediate challenge. A break above this line may propel the price toward 2.2000, signaling a potential uptrend.

Entry Strategy: For a conservative approach, consider entering near the support around 2.0000, with a stop-loss slightly below to manage risk. For more aggressive positioning, wait for a confirmed breakout above 2.1500 with strong volume, which could offer momentum toward the 2.2000 mark.

Stay tuned for shifts in market sentiment and broader USD trends, as these factors may influence pnut price direction.

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