🚨 $PNUT ALERT: Major Move Incoming! 🚀
Current Price: 1.2381
📊 Market Overview:
$PNUT is recovering strongly, testing critical resistance at 1.2627. A breakout here could ignite bullish momentum toward 1.3000 and 1.3500.
Bullish Scenario:
Entry Point: Above 1.2627 (confirmation of breakout).
Target Levels: 1.3000, 1.3500.
Stop Loss: 1.2200.
Bearish Scenario:
Entry Point: Near 1.2500 (if resistance holds).
Target Levels: 1.2000, 1.1500.
Stop Loss: 1.2650.
📈 Pattern Analysis:
The chart shows a bullish setup, with rising lows suggesting mounting pressure against resistance. Wait for confirmation before entering positions.
🔍 Key Levels to Watch:
Resistance: 1.2627, 1.3000.
Support: 1.2200, 1.2000, 1.1500.
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Stay sharp and trade wisely!