🚨 $PNUT /USDT SHOWING SIGNS OF REVERSAL – WILL IT BOUNCE BACK? 🚨
$PNUT is currently trading at 1.2146, down 4.12% in the last 24 hours, after reaching a 24-hour low of 1.0414. While the price is recovering, the upcoming movements could decide the next major trend for this meme coin.
🎯 Targets to Watch:
1. 1.3000 – Key short-term resistance. A breakout could signal bullish recovery.
2. 1.4500 – Mid-term target if momentum builds.
3. 1.6500 – Long-term bullish target if buyers take control.
🚧 Support Zone:
1.0500 – Vital support level. A drop below could lead to further bearish pressure.
The market seems to be cooling off after significant volatility, but traders should keep an eye on these critical levels. A strong rebound here could lead to a powerful recovery rally. Stay cautious and plan your trades wisely!
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