🚨 $PNUT /USDT ALERT: ON THE VERGE OF A BIG MOVE! 🚨
$PNUT is currently trading at 1.7514, showing slight bullish momentum at +1.97%. The price is hovering near the 7-day MA (1.7572), hinting at potential volatility as it battles between key levels. With volume heating up, a decisive move could be around the corner!
Key Levels to Watch:
Resistance: 1.7961 – A breakout here could push $PNUT toward higher highs, targeting 1.8887.
Support: 1.6037 – Holding above this critical level is crucial for maintaining upward momentum. A drop could see prices revisit 1.5300.
Targets:
1️⃣ 1.7961 – First resistance breakout level.
2️⃣ 1.8887 – Momentum-driven target for buyers.
3️⃣ 2.2041 – Bullish surge zone if volume continues climbing.
📉 Caution: Watch for volume changes and RSI divergences, which may indicate fakeouts. Tight stop-loss suggested at 1.6243 to manage risk.
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