$PNUT $PNUT

PNUT/USD Price Update: Trading at $1.3592

Peanut (PNUT) is currently valued at $1.3592 against the USD, showcasing its growing presence in the market and offering potential opportunities for traders.

1. Current price: $1.3592

2. Support level: The $1.30 zone serves as a strong support level. Holding above this could maintain bullish confidence.

3. Resistance level: A push beyond $1.40 could signal momentum, with $1.50 as the next psychological target.

Market sentiment

PNUT’s performance is influenced by its unique role in DeFi optimization and efficiency. Rising interest in decentralized finance projects, coupled with advancements in its ecosystem, could drive demand for PNUT and impact its price.

Summary

At $1.3592, PNUT/USD is navigating a pivotal range. Traders should closely monitor the $1.30 support and $1.40 resistance for potential breakout or consolidation patterns. With DeFi on the rise, PNUT continues to stand out as a noteworthy project in the sector.

Are you keeping an eye on PNUT’s moves?

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