🚨 $PNUT ALERT: Critical Levels in Play – Big Move Ahead! 🚨
$PNUT is trading at 1.1646, down -13.85% in the last 24 hours. After testing a low of 1.1541, the price is consolidating near key support, signaling potential for either a rebound or further breakdown.
💡 Key Levels to Watch
• Resistance: 1.2076 – A breakout above this level could trigger a recovery toward 1.2690 or higher.
• Support: 1.1541 – Failure to hold this level may lead to a drop toward 1.1000 or even 1.0500.
📉 Bearish Scenario
If PNUT breaks below 1.1541, expect further downside pressure toward 1.1000, with a possible slide to 1.0500.
🚀 Bullish Scenario
A move above 1.2076 could ignite bullish momentum, targeting 1.2690, 1.3100, and potentially 1.3876 if buying interest surges.
⚠️ Trade Setup
• Long Entry: Above 1.2076. Targets: 1.2690, 1.3100, 1.3876. Stop Loss: 1.1900.
• Short Entry: Below 1.1541. Targets: 1.1000, 1.0500, 1.0000. Stop Loss: 1.1700.
Note: Monitor volume and market sentiment closely as $PNUT approaches these critical levels.